Poland to Revive Windfall Tax on Oil Firms to Fund Fuel Price Relief

Poland’s government is preparing to revive a windfall tax on excess profits earned by fuel companies, after an earlier attempt was blocked by President Karol Nawrocki. The proposed levy would apply to fuel sales from March through December and is expected to raise several billion zloty. Officials say the revenue would help fund measures that keep fuel prices lower for consumers. Critics argue the retroactive tax could harm investment and create constitutional concerns, leaving the proposal vulnerable to challenges.