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Energy: taxation as a solution?



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Energy: taxation as a solution?

D.Schlienger, P.Verdeau, C.Dalmar, MC.Ide, L.Sabas – France 2

France Televisions

As in Italy, Emmanuel Macron could decide to set up, in France, a taxation of the profits made by the large energy groups. This measure is desired by the European Parliament but, for the moment, it is very little applied.

Energy companies will reap big profits from the increase in the price of different energy sources as well as gas. An additional profit that could reach 200 billion in 2022 alone. After a vote Thursday, May 19 in the European Parliament, the latter encouraged member countries of the European Union to tax these large groups. According to the chairman of the environment committee of the European Parliament:It is a fairly simple principle of justice to seek out these superprofits.” For now, the French government is looking for other solutions so as not to overburden these companies with taxes.

For now, there are only two countries that tax these high profits. Romania is the one that imposes the most with 80% taxation while Italy intends to move to a rate of 25%. In the United Kingdom, Prime Minister Boris Johnson prefers to bet on the investment of these companies in his economy, rather than on a possible taxation.

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