'Indeed, a well-run company would use the windfall profits
on its export to Britain of cars made in Germany to compensate for losses on the export of British-made Rovers to the rest of the EU.
? Buzzi, CRH, Cemex, Heidelberg, Italcementi and Lafarge-Holcim management and investors might beg to differ, having seen their EU plants weather seven years of demand at 40 percent or lower than pre-2008 levels.
Thus, the taxation on operating IOCs' windfall profits
were replaced by a skimming tax applied to beneficiaries of tax deductions on additional income.
The aviation sector is expected to generate windfall profits
from being included in the EU's Emissions Trading System (ETS).
Airlines made up to half a billion euros in windfall profits
last year by passing on a carbon surcharge to travellers despite an EU decision to freeze its controversial carbon tax, environmentalists said on Tuesday.
was not eligible to claim a foreign tax credit for its payment of the windfall profits
tax because the tax did not meet the gross receipts requirement of Regs.
The government intends to make legal reforms to mitigate the effects of the windfall profits
tax and enhance the investment climate which Kinross believes to be critical to the negotiations, the company added.
"Far from making Atos compensate the taxpayer for the millions it is costing to clear the mess Atos leave behind, it appears the Government are happy to send more windfall profits
their way." The new tests come as ministers phase out the DLA, worth an average of PS71.84 a week, and replace it with Personal Independence Payments.
Chancellor George Osborne offered a helping hand to motorists in a Budget which lopped 1p a litre off fuel duty and introduced a Fair Fuel Stabiliser, funded by new taxes on the windfall profits
of oil companies.
The tax dispute between Anadarko and state-owned Sonatrach was sparked by a 2006 Algerian tax law on windfall profits
. At the time, oil-rich governments from Russia to Venezuela, emboldened by rising prices for energy, sought to recast the terms of the deals they had signed with foreign oil companies when crude was cheap.