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Actually now you say that that does ring a bell
Shell just made an announcement saying they will not be paying any windfall tax this year because the monetary value of their North Sea investment offsets any tax that was due despite doubling their profits.
From memory, I think the Tories made the new tax so that investment money counts as double when offsetting with profits.
Stonehedge
NickCJ
Actually now you say that that does ring a bell.