windfall tax

British  

noun

1. a tax levied on an organization considered to have made excessive profits, esp a privatized utility company that has exploited a monopoly

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Example Sentences

See Examples For:

windfall tax

The move by TotalEnergies has so far helped avert mass protests, as surging profits make it a target for a windfall tax.

From The Wall Street Journal ● Jun. 9, 2026

The suggestion by a Korean member of parliament last week of a windfall tax on chip manufacturers was enough to prompt a 5% drop in the Kospi in a matter of hours.

From MarketWatch ● May 21, 2026

Energy firms operating in the UK are subject to a windfall tax that was introduced in 2022 as a response to soaring profits following Russia's full-scale invasion of Ukraine.

From BBC ● Apr. 28, 2026

On Tuesday the chancellor could also announce increases to the so-called windfall tax on electricity generators, which was introduced in 2023.

From BBC ● Apr. 20, 2026

The increase in demand has pushed coal prices higher and even sparked talk of a windfall tax in coal-producing Indonesia, which reversed a decision taken last year to reduce production.

From Barron's ● Mar. 24, 2026