Brussels Rules Out Tax on Extraordinary Profits From Oil Companies
6 Articles
6 Articles
The Ministers for Finance of Portugal, Austria, Germany, Italy, Poland and Spain asked for the creation of taxes. The European Union refused and said that countries could apply it at national level.
Fuel prices continue to pressure consumers, while oil profits also increase. Portugal wanted a joint response from the European Union to tackle this imbalance, but Brussels has once again closed the door to the proposal.
Brussels rules out tax on extraordinary profits from oil companies
The European Commission once again ruled out creating a tax at the European Union (EU) level to tax the extraordinary profits of oil companies, following a new request from Portugal and five other countries defending national measures.
The position of Brussels arises after a new request from Portugal and five other countries - Austria, Germany, Italy, Poland and Spain
The European Commission has again today set aside the creation of a tax at European Union (EU) level to tax the extraordinary profits of oil companies, following a new request from Portugal and five other countries, defending national measures.
The European Union says no to the tax on extra profits: the Government will decide in the next few hours whether to further cut the excise duty and find other solutions.
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