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ExxonMobil sues EU over plans for bloc-wide windfall tax

Published on: Wednesday 28 December 2022

ExxonMobil sues EU over plans for bloc-wide windfall tax ExxonMobil has filed a lawsuit against the EU in a bid to overturn the trading bloc’s plans to impose a windfall tax on energy companies. The US oil major is seeking to challenge the EU’s authority to impose a 33 per cent levy on energy companies’ profits during the fiscal year 2022. Two of [...] The post ExxonMobil sues EU over plans for bloc-wide windfall tax appeared first on CityAM.


News source: https://www.msn.com/en-gb/money/other/exxonmobil-sues-eu-over-plans-for-bloc-wide-windfall-tax/ar-AA15KpfH

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