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North Sea Taskforce Urges Windfall Tax Replacement Before 2030
The UK government needs to replace the current windfall tax on North Sea oil and gas operations as soon as practically possible and not wait until the sunset clause of the tax regime expires in 2030, says the North Sea Transition Taskforce, backed by the British Chambers of Commerce. The UK’s Energy Profits Levy (EPL), as the windfall tax is officially known, will remain in place until 2030, the government said early this month as it launched a …
·London, United Kingdom
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Financial TimesReposted by 
WDC TV News
WDC TV NewsAxe oil and gas windfall tax before 2030, urges task force
North Sea steering group calls on ministers to ‘act now to restore investor confidence’
·London, United Kingdom
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