Tag archives: windfall profits

Windfall Profits Tax Give it Back!
By Rinaldo Brutoco   |   June 14, 2022

Just what is a “Windfall” or “Excess Profits Tax”? The words “windfall profits” is your first clue. Wikipedia defines an excess profits tax as “a tax on any profit above a certain amount.” The definition clarifies that this fiscal instrument is typically used in a wartime setting, and is designed to capture the upside profits […]