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Portugal's government wants to tax 'extra' energy profits: Everything you need to know about the plan, history, and reactions (eco.sapo.pt)

· 78d ago · Report · Spotlight this ·
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  • Portugal proposes windfall profit tax on energy companies.
  • Temporary surcharge on profits above set threshold.
  • Mixed reactions: industry opposition, leftist support.

"The Portuguese government has proposed a tax on windfall profits of energy companies, targeting excess earnings from high energy prices. The plan includes a temporary surcharge on profits above a certain threshold. Historical attempts at such a tax have faced opposition. Reactions are mixed: industry warns of investment risks, while leftist parties support the measure. Revenues aim to reduce consumer energy costs."

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