The Government Is Reintroducing a Tax on Windfall Profits for Fuel Companies.
9 Articles
9 Articles
Fuel prices are rising strongly, and a new fuel discount is out of the question for the Greens. Green Group Vize Andreas Audretsch demands instead an over-profit tax for oil and gas companies and wants to reduce the electricity tax. However, questions remain with regard to the concrete design of the over-profit tax.
In view of the new all-time high in fuel prices, SPD Secretary General Tim Klüssendorf has sharply criticised Minister of Economic Affairs Katherina Reiche (CDU).
The new draft tax on extraordinary profits of fuel companies, like the previous one rejected by the president, assumes budget revenues from the levy at the level of PLN 4 billion - according to the impact assessment of the draft regulation.
Fuel prices are rising, and the government is revisiting the idea of a tax on oil companies' windfall profits. The bill could be debated as early as Tuesday. This is a response to the situation in the oil market, which has surpassed $107 per barrel.
If the petrol prices go through the ceiling, the state must ask the mineral oil concentrates to pay, finds at least SPD Landeschef Ulf Kampfer. The revenues should flow to those who need it especially.
The tax on extraordinary profits of fuel companies is back on the cabinet agenda. This is the second attempt after President Karol Nawrocki previously blocked the bill. The bill was tabled for cabinet consideration on Tuesday.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium











