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Ecuador , Friday 17 April 2026

Finland proposes 30% windfall tax on power companies

Published on: Thursday 29 December 2022

Finland proposes 30% windfall tax on power companies STOCKHOLM (Reuters) - The Finnish government said on Thursday it had proposed a temporary windfall tax on profits from the country's electricity companies as part of a European Union response to soaring power costs. The proposed 30% tax would apply to profits exceeding a 10% return on capital in 2023 and could bring in between 500 million and 1.3 billion euros ($533 million-$1.9 billion), the


News source: https://www.msn.com/en-gb/news/world/finland-proposes-30-windfall-tax-on-power-companies/ar-AA15Mmu5

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