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windfall tax
(redirected from Windfall profits tax)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
windfall tax
a tax levied on an organization considered to have made excessive profits, esp a privatized utility company that has exploited a monopoly


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Lawmaker Sanjaasurengiin Oyun told AFP on the sidelines of the conference that scrapping the windfall profits tax would open doors for Ulan Bator.
Lawmaker Sanjaasurengiin Oyun told AFP on the sidelines of the conference that scrapping the windfall profits tax would open doors for Ulan Bator.
29 after the miner welcomed the Mongolian Parliament's approval of amendments to four laws, including the insertion of a sunset provision to cancel the three-year-old, 68% windfall profits tax on copper and gold effective January 1, 2011.
 
 
 
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