What is the purpose of Poland's planned windfall tax on oil and gas companies?

The purpose of Poland's planned windfall tax is to offset the budget shortfall caused by recent government cuts to VAT and excise duties on fuel, which were introduced to curb rising consumer energy bills amid the Middle East crisis; the tax will target excess profits earned by oil and oil products firms—and potentially natural gas companies—due to surging energy prices linked to the Iran war.

How much does Poland estimate the monthly cost of its fuel tax cuts to be, and how will the windfall tax address it?

Poland estimates the monthly cost of its fuel tax cuts at around 1.5 billion Polish zloty (approximately 352.72 million euros), and the windfall tax is intended to serve as a 'counterbalance' to this decreased budget income by generating revenue from oil and gas companies' excess profits.

Poland Plans Windfall Tax on Oil Companies to Help Curb Fuel Bills

May 20, 2026

Poland proposes a windfall tax on oil and gas profits to fund fuel bill subsidies. The measure targets excess earnings from the Middle East crisis, potentially impacting major energy firms like Shell and TotalEnergies.

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Poland Plans Windfall Tax on Oil Companies to Help Curb Fuel Bills

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