Oxfam – taxing a windfall that doesn’t exist
Here’s Oxfam’s press release from earlier this month: To Oxfam’s credit, they now link to the methodology from the press
18 July 2023
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windfall taxes
Is it right that Shell and BP made $70bn profit in 2022 but pay little tax in the UK? Yes. And also, no.
Only 5% of Shell’s profit is made in the UK, so we should be unsurprised that only a small
7 February 2023
11 Comments
Can we “windfall tax” energy companies’ capital appreciation?
The EU Tax Observatory have just published an excess profits tax proposal which would tax listed energy companies on 33%
29 September 2022
5 Comments
The £5bn flaws in the UK oil and gas windfall tax
In May, the Government announced the Energy Profits Levy – a windfall tax on UK oil and gas companies. It
5 September 2022
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How to design a £30bn windfall tax on the energy sector
If we wanted to raise significantly more than the Government’s £5bn Energy Profits Levy, how would we do it? This
5 September 2022
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