In an aggressive move even as far as windfall profit taxes go, The Czech Finance Ministry proposed on Thursday a whopping 60% tax on excess profits in its energy sector, media reported. Finance minister Zbynek Stanjura said at a Thursday news conference that the proposed tax would be on excess profits from the energy sector starting in 2023 through 2025, bringing in $3.4 billion next year, and $6 billion across the three years. The proposal requires parliamentary approval before it can be implemented. Affected companies would be electricity and…
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