Politics

Calls to tax windfall profits in energy sector


Some MEPs called for measures to tax windfall profits made in the energy sector, during a EU Parliament plenary debate in Strasbourg on Tuesday. EU energy commissioner Kadri Simson deferred, saying that “taxes are a national decision,” adding that the EU has issued guidance in March detailing how member states can claw back part of the profits made due to record high prices on the gas and electricity markets.

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