The reporter learned that the finance ministers of the six EU member states of Germany, Spain, Portugal, Italy, Poland, and Austria recently sent a joint letter to Ireland, which holds the rotating EU presidency, calling on EU member states to discuss a mechanism to tax oil companies that have made “huge profits” due to the blockade of the Strait of Hormuz and the impact on energy supply. According to British sources, six finance ministers hope Ireland will include this topic on the agenda of the EU finance ministers meeting to be held in Dublin from September 18 to 19. Six finance ministers said in their letter that Europe is experiencing “one of the biggest supply shocks in decades,” and global consumer dissatisfaction with rising living costs continues to increase. They believe that the measures currently taken by governments are insufficient to fundamentally reduce or stabilize the prices faced by enterprises and the public, so it is necessary to formulate joint plans to allow enterprises that profit from the crisis to bear more costs in order to reduce the burden on the public. The finance ministers of these six countries expressed their hope that the EU will coordinate how to deal with rising energy prices and the resulting excess profits to prevent member states from taking different measures. Currently, whether to establish a relevant taxation mechanism at the EU level, as well as issues such as specific tax targets, tax rates, and use of funds, still require further discussion among member states.

The reporter learned that the finance ministers of the six EU member states of Germany, Spain, Portugal, Italy, Poland, and Austria recently sent a joint letter to Ireland, which holds the rotating EU presidency, calling on EU member states to discuss a mechanism to tax oil companies that have made “huge profits” due to the blockade of the Strait of Hormuz and the impact on energy supply. According to British sources, six finance ministers hope Ireland will include this topic on the agenda of the EU finance ministers meeting to be held in Dublin from September 18 to 19. Six finance ministers said in their letter that Europe is experiencing “one of the biggest supply shocks in decades,” and global consumer dissatisfaction with rising living costs continues to increase. They believe that the measures currently taken by governments are insufficient to fundamentally reduce or stabilize the prices faced by enterprises and the public, so it is necessary to formulate joint plans to allow enterprises that profit from the crisis to bear more costs in order to reduce the burden on the public. The finance ministers of these six countries expressed their hope that the EU will coordinate how to deal with rising energy prices and the resulting excess profits to prevent member states from taking different measures. Currently, whether to establish a relevant taxation mechanism at the EU level, as well as issues such as specific tax targets, tax rates, and use of funds, still require further discussion among member states.