Spain, Italy, and Portugal are calling for heavier taxation of profits on the six largest oil and gas companies.
1 report, 1 independent
Updated Jul 28
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What happened
Spain, Italy, and Portugal are calling for heavier taxation of profits on the six largest oil and gas companies.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The tax burden in several European countries differs significantly from the average of major economies, often relying heavily on consumption taxes.Also in this story
- Belgium and Portugal are experiencing economic stagnation, austerity, public sector strikes, and youth protests.
- VAT rates are being compared across various European countries, with a specific example illustrating the tax burden from Bootle to Manchester.
The entities involved
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Spain
country in southwestern Europe with territories in Africa
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Italy
country in southern Europe
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Portugal
country in Southwestern Europe
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Netherlands
one of the four autonomous countries of the Kingdom of the Netherlands; with territories in the Caribbean
Coverage
Newest first; wire copies grouped- nltimes.nlBig oil companies making $17 bil. profits per hour as wildfires rage: Oxfam Novib