windfall profits tax
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windfall profits tax — windfall profits tax, = excess profits tax: (Cf. ↑excess profits tax) »Some in Congress now seem to prefer…decontrolling prices but imposing a windfall profits tax on producers (New York Times) … Useful english dictionary
Windfall profits tax — A windfall profits tax is a higher tax rate on profits that ensue from a sudden windfall gain to a particular company or industry. United StatesIn 1980, the United States enacted the Crude Oil Windfall Profit Tax Act (P.L. 96 223) as part of a… … Wikipedia
windfall profits tax — A tax imposed on a business or industry as a result of a sudden increase in the profits of the business. An example includes the tax imposed on oil companies in 1980, due to the windfall profits from the Arab oil embargo … Black's law dictionary
windfall profits tax — / wɪndfɔ:l ˌprɒfɪts tæks/, windfall tax / wɪndfɔ:l tæks/ noun a special tax on unexpected profits … Dictionary of banking and finance
Windfall Profits — Huge profits that occur unexpectedly due to fortuitous circumstances. Such profits are generally well above historical norms and may occur due to several factors such as a price spike or supply shortage that are either temporary in nature or may… … Investment dictionary
Windfall gain — A windfall gain (or windfall profit) is any type of income that is unexpected. [cite web| url=http://www.revision notes.co.uk/revision/404.html| title=Wealth Effect| date=January 1 2003| accessdate=2007 03 09| publisher=RevisionNotes] The… … Wikipedia
Tax — Taxation An aspect of fiscal policy … Wikipedia
Windfall tax — In the United Kingdom, the Windfall Tax was a tax levied on privatised utility companies.In Australia, windfall tax may refer to either: * Commonwealth places windfall tax, imposed under the Commonwealth Places Windfall Tax (Collection) Act 1998… … Wikipedia
windfall tax — An exceptional *taxation charge on *corporations that are deemed by a government to have made *windfall (or excessive) profits owing to unusual circumstances. *Private sector *monopoly suppliers of *public utilities, for example, are subjected to … Auditor's dictionary
Windfall tax — Die Zufallsgewinnsteuer (engl. windfall profits tax) ist eine 1980 in den USA entstandene Steuer, die auf Grund von plötzlichen Mehrgewinnen von Ölfirmen in Zusammenhang mit dem damaligen arabischen Ölembargo entstanden ist. Die Steuer wurde im… … Deutsch Wikipedia
windfall tax — (also windfall profits tax) noun a tax levied on an unexpectedly large profit, especially one regarded to be excessive or unfairly obtained … English new terms dictionary
