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windfall tax
(redirected from windfall taxes)

    Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
windfall tax
n
(Economics) a tax levied on an organization considered to have made excessive profits, esp a privatized utility company that has exploited a monopoly
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Labour MP John McDonnell accused BP of "profiteering" and added: "I will be calling in Parliament for price controls and profit windfall taxes.
BP posts biggest ever profits haul of pounds 6.4bn by Daily Post (Liverpool, England)
Labour MP John McDonnell (Hayes and Harlington) accused BP of profiteering and added: "I will be calling in Parliament for price controls and profit windfall taxes.
Anger at massive profits for oil giant by The Journal (Newcastle, England)
The centrepiece of Mr Brown's Budget is the welfare-to-work plans financed by privatised utility windfall taxes.
SHARE PRICE SOARS pounds 22bn by Maguire, Kevin; Manning, Clinton / The Mirror (London, England)
 
 
 
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