Windfall profits tax

The windfall profit tax (English windfall profits tax ) is a special income tax, which is levied on windfall profits.

In the U.S., a corresponding control due to sudden More profits of oil companies was introduced in 1980 in conjunction with the then Arab oil embargo, and abolished in 1988.

In the UK in 1997, a windfall tax, levied by the Labour government to privatized utilities, which paused a monopoly that would siphon off a portion of the disproportionate highly respected profits again.

The OECD criticized the fact that a windfall tax often do not meet those who received excessive profits because this group of people have already resold the shares concerned.