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

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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

On Tuesday, she announced a plan to raise the government's windfall tax on low-carbon electricity generators to 55 percent from 45 percent in a bid to support households and businesses.

From Barron's ● Apr. 22, 2026

Under the current windfall tax energy companies must pay 78%.

From BBC ● Mar. 23, 2026

There has also been speculation that the windfall tax of 78% - due to expire in 2030 - might be phased out earlier.

From BBC ● Nov. 25, 2025