Thread: The energy crisis
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Old 18-05-2022, 13:22   #649
1andrew1
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Re: Energy companies collapse
Quote:
Originally Posted by Sephiroth View Post
But then won’t they simply locate their profit HQ to a different tax jurisdiction? Better they pay corporation tax here.
It's worked before and they didn't relocate but if you did it every year they might. Don't forget, we're lagging behind some of Europe on this and Italy has introduced a windfall tax

Also remember in this case it's profits they didn't expect to get, so it shouldn't impact on them too much - just restoring their profits and dividends to what they forecast.
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