Corporate Taxes – Page 9

Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?

Britain is raising a tax on gas and oil producers, and adding a levy on companies that supply electricity — a similar approach to that of other governments chasing revenue.

By Patricia Cohen

Company Reports Corporate Taxes Great Britain Oil (Petroleum) and Gasoline Shell Plc Total SA van Beurden, Ben

Shell Reports Earnings of $9.45 Billion, Its Second-Highest Profit

The two European companies reported earnings totaling nearly $20 billion, partly on higher energy prices as Russia’s war in Ukraine continues.

By Stanley Reed

Budgets and Budgeting Conservative Party (Great Britain) Corporate Taxes Economic Conditions and Trends Energy and Power Great Britain Hunt, Jeremy Labour Party (Great Britain) Politics and Government Prices (Fares, Fees and Rates) Starmer, Keir Truss, Elizabeth (1975- )

Liz Truss’s New Economic Agenda Looks a Lot Like the Labour’s

After a blowback over her budget-busting tax cuts, Britain’s prime minister has junked her free-market plans and adopted several measures favored by Labour.

By Mark Landler and Stephen Castle