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Serge Papin opposes windfall tax on oil superprofits

SME Minister Serge Papin opposed proposed windfall tax on oil superprofits like TotalEnergies.

Published 10sem1 source
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20s

The fact

Papin fears such fiscal measures would dampen investment in small and medium-sized energy companies.

This French government position contrasts with social organizations' calls for fairer distribution of exceptional oil revenues.

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