JOURNAL ARTICLE

UK Sets Floor for Windfall Tax to Boost Oil and Gas Investment.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Wickham, Alex; Mayes, Joe; Morison, Rachel 3 of 3

Abstract

(Bloomberg) -- The UK Treasury announced a plan to ease a windfall tax on the profits of UK oil and gas companies. But the UK's oil and gas sector has been urging the government to scrap the levy when energy prices fall back to "normal levels", warning that it's deterring investment. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/06, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2023
  • Accession Number:164226656
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