Windfall tax

Several Portuguese economists have criticised several arguments that Portugal’s government has been using to justify an extraordinary windfall tax on energy companies. The reactions come after [...]

Portugal’s minister of Finances said in Brussels today that Portugal would apply windfall taxes on energy companies in the same way it had done during the previous fuels crisis in 2022 when [...]

Portugal’s minister of Finances estimates that the windfall tax on energy and food distribution companies will net the treasury “several tens of millions of euros”. Fernando Medina has rebuffed [...]

The Portuguese government is to move ahead with its plans to tax excessive profits in energy and food distribution sectors. The government says the new tax will be introduced to “offset the [...]