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Portugal to Push for Windfall Tax Amid Energy Price Surge

Portugal plans to impose a windfall tax on energy firms amid price surges due to the Iran war. The government seeks parliamentary approval, aligning with moves by other EU nations. Despite holding a minority, the center-right government expects the proposal's success with Socialist Party support.

15 Articles

Devdiscourse

Center

Portugal to Push for Windfall Tax Amid Energy Price Surge

2 days ago·India

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Financial Post

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Portugal to Propose Energy Windfall Tax as War Raises Bills

Portugal plans to push ahead with a proposal to impose a windfall tax on energy companies to help cushion the fallout from spiraling costs for consumers and compani…

2 days ago·Canada

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Bloomberg

Lean Left

Portugal Set to Propose New Windfall Tax on Energy Firms

Portugal plans to push ahead with a proposal to impose a windfall tax on energy companies to help cushion the fallout from spiraling costs for consumers and companies caused by the Iran war.

2 days ago·United States

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Sapo

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Miranda Sarmento Says She's Going to Apply Extraordinary Energy Profits Rates.

The Minister of Finance said today in Brussels that Portugal will move forward with rates on the extraordinary profits of energy companies, similar to what happened in 2022 in the previous fuel price crisis. We will take measures taken in 2022, caliber them, improve them and – in the near future – present to Parliament a proposal, said Joaquim Mirada Sarmento, in statements to journalists in Brussels. The Minister added that the European Commiss…

2 days ago·Portugal

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Observador

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Jornal Expresso

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Government Advances with Tax on the Extraordinary Profits of Energy Companies

The Minister of Finance said in Brussels that Portugal will advance with rates on the extraordinary profits of energy companies, similar to what happened in 2022.

2 days ago·Portugal

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World Oil

Portugal plans windfall tax on energy firms as Iran war drives prices higher

Portugal is moving toward a windfall tax on energy companies as the Iran conflict drives up oil and gas prices, with EU countries weighing coordinated action.

2 days ago·Houston, United States

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