ExxonMobil challenge may risk €500m windfall energy taxes

Ireland News News

ExxonMobil challenge may risk €500m windfall energy taxes
Ireland Latest News,Ireland Headlines
  • 📰 businessposthq
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Up to €500 million in revenue from the Irish government’s windfall energy tax could be at risk due to a legal challenge at European level.

Last year, the European Parliament adopted a regulation telling member states to set up “temporary solidarity contributions” to be levied on the

excess profits of companies in the fossil fuel sector. This windfall tax measure was adopted alongside a market price cap on non-gas electricity generators.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

businessposthq /  🏆 8. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Restaurants dispute state’s claim that extending Vat rate would cost €500mRestaurants dispute state’s claim that extending Vat rate would cost €500mRestaurants have questioned the government’s claims that extending the 9 per cent Vat rate for the hospitality and tourism sector will cost the exchequer more than €500 million this year.
Read more »

Restaurants dispute state’s claim that extending Vat rate would cost €500mRestaurants dispute state’s claim that extending Vat rate would cost €500mAdrian Cummins says he is bemused at Department of Finance figures and says extending the 9% Vat rate for hospitality would not cost as much as suggested
Read more »

Crowds march through Dublin in show of solidarity with refugeesCrowds march through Dublin in show of solidarity with refugeesLarge crowds have gathered in Dublin this afternoon to show solidarity with migrants and refugees, standing in opposition to a wave of recent anti-immigration protests
Read more »

The 9 at 9: SaturdayThe 9 at 9: SaturdaySolidarity march, leaders on cusp of Northern Ireland Protocol deal, and UK police to review Nicola Bulley investigation.
Read more »

Drivers who passed test before 2014 warned to take action to avoid €1,000 fineDrivers who passed test before 2014 warned to take action to avoid €1,000 fineIrish drivers who have had a driving licence for 10 years must renew it in time or face harsh penalties. It is a legal requirement that a driver carries a valid drivers licence at the time of driving.
Read more »

Restaurants dispute state’s claim that extending Vat rate would cost €500mRestaurants dispute state’s claim that extending Vat rate would cost €500mAdrian Cummins says he is bemused at Department of Finance figures and says extending the 9% Vat rate for hospitality would not cost as much as suggested
Read more »



Render Time: 2025-03-22 09:57:23