Übergewinnsteuer
/ˈyːbɐˌɡɛvɪnˌʃtɔʏɐ/A tax levied on profits that exceed a certain threshold, typically implemented to redistribute excess profits during economic crises or for social welfare purposes.
Die Übergewinnsteuer soll Unternehmen mit ungewöhnlich hohen Gewinnen belasten.
The excess profit tax is intended to burden companies with unusually high profits.
This tax is often debated for its economic impact and fairness.
Collocations
Related Phrases
💡Pro Tip
Context Matters
This term is primarily used in discussions about economic policy and taxation.
⚡Gold Rule
Legal Context
The implementation of Übergewinnsteuer is subject to legal frameworks and political decisions.
📖Word Origin
From 'Übergewinn' (excess profit) + 'Steuer' (tax). Coined in modern German to describe a tax on extraordinary profits.
📝Usage Notes
Commonly discussed in economic and political contexts, especially during crises or periods of high corporate profits.