Portugal prepares draft bill for energy windfall tax
Portugal will seek parliamentary approval for a windfall tax on energy firms profiting from price surges during the Iran war. The government plans to update 2022 measures with support from the Socialist Party.
Xurve View
Xurve View
Portugal will submit a proposal to parliament in the coming weeks to impose a windfall tax on energy firms. The measure targets profits from energy price spikes following the conflict in Iran. Investors face renewed fiscal pressure as the government recalibrates 2022-era tax mechanisms to capture excess sector earnings.
