Made to Last ? Windfall Profit Taxation in Europe (and Beyond)

In the latest months several European states have introduced (or are discussing about possible introduction of) a Windfall Profit Tax (in Italian Imposta sugli extraprofitti). This extraordinary fee is charged on the (allegedly) exorbitant profits realized by qualified businesses (essentially active in the Oil and Gas sector) due to the war in Ukraine, and is supposed to restore equality, raise more money for welfare and to grant means to tackle the pending emergencies. History of Taxation shows evidence of several charges born exceptional (una tantum) yet  turned ordinary after a while. Is this going to be the case ? Is windfall profit taxation consistent with EU law and with international tax treaties ? When, exactly, a profit can be considered exorbitant ? These are the questions we'll try to give answers to in Ferrara. Thinking about joining the debate ? A call for abstracts is pending.


9.00 Welcome and Introduction to the Seminar
Serena Forlati, University of Ferrara
Giovanni De Cristofaro, University of Ferrara
Marco Greggi, University of Ferrara

09.30 An inquiry into the Nature of Windfall Profit Taxation
Professor Dario Stevanato, University of Trieste
11.00 Windfall Profit Taxation and EU Law
Professor Fabrizio Amatucci, University of Naples “Federico II”

12.30 - 13.30 Lunch

13.30 - 14.00 What is a Windfall profit ? A “Extraordinary Tax” for “Extraordinary Times”?
Professor Reuven Avi Yonah, University of Michigan
15.00 - 15.30 Windfall taxation and International Tax Treaties
Professor Pietro Selicato, University of Rome “La Sapienza”
16.30 - 17.00 Addressing inequalities via Windfall profit taxation
Professor Yoseph Edrey (em), University of Haifa
18.00 - 18.10 Concluding Remarks
Marco Greggi, University of Ferrara

In each session up to two presentations by PhD candidates / Postocs / Researchers are scheduled as per the Call for Abstracts.
Scientific Secretary: Valentina Passadore, Edward Spiteri and Marco Greggi

Programma

Locandina