European Energy Companies Brace for Heavy Taxes

GALWAY, IRELAND--December 6 , 2022--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Oil, gas and energy companies in Europe are bracing themselves to pay heavy taxes going forward as Germany, Ireland, Spain, Finland, the Czech Republic and others have started implementing the European Union's (EU's) "windfall tax" directive.

Within this article: Details European countries implementing windfall taxes, affected sectors, revenue generated, current gas crisis