windfall profits tax

A tax imposed on a business or industry as a result of a sudden increase in profits.

• An example is the tax imposed on oil companies in 1980 for profits resulting from the Arab oil embargo of the 1970s. [Cases: Internal Revenue 4338.]


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译者Virginia,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,擅长翻译各种与私募股权融资相关的法律文件。
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