RE:Windfall taxEven though VET is a Canadian company. My understanding is any company that holds a footprint any parts of Europe, would be part of it.
galaxyr wrote: Will VET, not be able to reduce its 2022 Irish taxes from the Corrib Sea by deducting the $500 million purchase price from its acquisition from Equinor and or use it's over $400 million in tax pools from the Corrib? Why would VET have to pay a windfall tax on earnings outside the EU? It's a Canadian listed company. I have a hard time thinking they have to pay additional taxes on Australian Brent oil earnings or north american earnings to the EU. Or am I missing something?