Oil: the threat of an exceptional tax once again weighs on refineries

by time news

2023-09-16 12:07:34

Published on September 16, 2023 at 12:00 Updated on September 16, 2023 at 12:07

Will the government dip into oil “superprofits” again in 2024? The question is openly asked. Bruno Le Maire recognized this on Thursday, presenting the main axes of the draft budget for 2024: “We have a question about the amount of refining margins […] We will take all necessary decisions to avoid excessive profits.”

This Friday morning, on France Info, the Budget Minister was even more explicit. “We included a solidarity contribution from the sector in the 2023 budget,” explained Thomas Cazenave. We already did it. We are capable of doing it […] We are not excluding any response, this could be one of them.”

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