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Energy Investing
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Re: Irish Windfall Profits Tax announced today. I Haven't been able to make sense of these windfall profit taxes but I think I finally understand them. If you drill a bunch of exploratory wells over the years and are producing enough oil to barely hang on, that establishes a norm. Then if you finally make a good discovery and are making more money than your norm, that's a windfall and should be taxed. |
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Msg # | Subject | Author | Recs | Date Posted |
464969 | Re: Irish Windfall Profits Tax announced today. | tigersea | 4 | 11/22/2022 4:25:57 PM |
464972 | Re: Irish Windfall Profits Tax announced today. | alertmeipp | 17 | 11/22/2022 4:32:03 PM |