Five EU countries call for windfall tax on energy companies
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Five EU countries are calling for a windfall tax on energy companies, citing a need to ease the burden on others. The motivation behind the call is attributed to an energy crisis, with some outlets referencing recent hostilities in the Middle East or an Iran crisis, although the specific context is not universally agreed upon. The countries are urging the EU to implement such a tax, with some reports specifying that it would be a tax on windfall profits or a cap on profits.
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