Polish Windfall Tax Will Target Gas Industry: Energy Minister

Planned windfall tax will apply to excess profits in the gas sector, though other industries are also being considered, Energy Minister Milosz Motyka says in interview with Polskie Radio 24.

• The timing of the new levy and the period it would cover still depends on the final design that is now being discussed with Finance Ministry
• “This is about implementing the principle that, in the current situation, where the budget and all citizens are contributing and everyone is making sacrifices, there should be no corporation or company that profits excessively through margins or spreads”
• Additionally, government will at the beginning ...