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21 Jul
14:02

Windfall tax proposal alarms Polish coking companies

Koksownia Czestochowa Nowa (KCN) has hit out at Polish government plans to levy a 33% windfall tax on mining and fuel companies, which would also affect the Polish merchant coke producer, Kallanish notes. The tax is part of the government’s bill on protecting energy recipients, which has already been approved by parliament and is now awaiting approval from Poland’s Senate. Windfall profits are defined as those exceeding 120% of average profits from the…
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