1.

Q8. Consider the following statements about Windfall Tax: 1. A tax levied by governments against certain industries when economic conditions allow those industries to experience above-average profits. 2. Windfall taxes are primarily levied on the companies in the targeted industry that have benefited the most from the economic windfall, most often commodity-based businesses.

Answer»

Q8. Consider the following statements about Windfall Tax:

1. A tax levied by governments against certain industries when economic conditions allow those industries to experience above-average profits.

2. Windfall taxes are primarily levied on the companies in the targeted industry that have benefited the most from the economic windfall, most often commodity-based businesses.




Discussion

No Comment Found

Related InterviewSolutions