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Offshore Energies UK comments on Shell profits announcement, new windfall taxes
Feb. 3, 2023
Source: World Oil

Offshore Energies UK comments on Shell profits announcement, new windfall taxes

Offshore Energies UK, the trade body for the UK’s offshore energy industries and supply chain companies, said calls by politicians to impose UK windfall taxes on companies’ global profits risked misleading voters and consumers — because such a levy would breach global tax agreements and so could never be implemented.

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