Majors Count Cost of Windfall Taxes

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  • Additional taxes are not going to break the bank for cash-rich majors but could impact investment decisions at the margin.
  • Companies must balance the impulse to push back against higher taxes with a show of solidarity with consumers reeling from spiraling energy prices.
  • While pitched as temporary, windfall taxes could persist while high energy prices necessitate government support for the public and energy-intensive industries.

The Issue

Fiscal Terms, Policy and Regulation, Earnings, Macroeconomics , Corporate Strategy , Majors, Regional Integrateds, Capital Spending
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