Random prize tax
The windfall profits tax ( Engl. Windfall profits tax ) is a special income tax on windfall profits will be charged.
In the USA a corresponding tax was introduced in 1980 due to sudden surplus profits of oil companies in connection with the then Arab oil embargo and abolished again in 1988.
In Great Britain in 1997 the Labor government imposed a windfall tax on privatized utility companies that held a monopoly , which was intended to skim off part of the profits that were regarded as disproportionately high.
The OECD criticized that a windfall tax often did not hit those who received the excessive profits because this group of people had already resold the shares in question.
Individual evidence
- ^ A b Rebecca Strätling: The corporation in Great Britain in the course of economic policy. A contribution to the path dependency of company regulations , Lucius and Lucius, 2000, ISBN 3-8282-0128-8 , p. 134 f.