windfall tax

(redirected from windfall profits taxes)
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windfall tax

a tax levied on an organization considered to have made excessive profits, esp a privatized utility company that has exploited a monopoly
References in periodicals archive ?
When officials began the process of privatizing railways, before the imposition of the windfall tax on utilities, municipalities warned "that a windfall tax on water and electricity would undermine the prospects for future privatisations."(246) Bidders will reduce their offers to reflect (discounted) expected future windfall profits taxes.(247)