For this year, the government is planning to impose a 1-5 percent margin-based royalty tax on large-scale mines and a 1-10 percent
windfall profit tax this year.
'At this moment the government has no plans to implement a
windfall profit tax on the banks.
"We are for retaining the current four percent excise tax, plus a royalty tax and a
windfall profit tax that would replace the proposed government share.
"The
Windfall Profit Tax on Crude Oil: Overview of the Issues." Congressional Research Service Report for Congress, September 12.
"China needs to reduce the
windfall profit tax to accommodate struggling producers.
Mike has authored numerous tax papers and several law review articles as well as a treatise on the "
Windfall Profit Tax Act of 1980."
The book consists of four edited and augmented Congressional Research Service (CRS) reports from 2006 to 2008, on the crude oil
windfall profit tax of the 1980s and implications for current energy policy; oil industry financial performance and the windfall profits tax; current status and analysis of gas tax subsidies; and the use of profit by the five major oil companies.
And impose a
windfall profit tax on oil companies in order to provide a $1,000 emergency rebate to American middle class families.
"Shale developments are highly capital intensive and a
windfall profit tax assessment being discussed in Congress would directly and immediately reduce investment in U.S.
His abandonment of the
windfall profit tax on the greedy energy companies as a "gimmick" (trust me, Gordon, you really, really NEED a gimmick) was rendered ridiculous by the fact it was him who'd led us on in the first place.
The context of the proposals lies in the Crude Oil
Windfall Profit Tax Act (P.L.