Wednesday , November 6 2024

Tag Archives: oil firms

ActionAid: Tax ‘surplus’ profits by oil firms and banks

Kampala, Uganda | THE INDENPENDENT | ActionAid International  is urging countries including Uganda to impose taxes on surplus profits earned by fossil and the banking sectors. ActionAid International says a surplus profit technically known as a Windfall profit tax could generate as much as US$382 billion in revenue, an amount that …

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