TPNS is one of 40 leading UK civil society organisations which have called on the UK Chancellor to levy excess profits taxes on the windfall revenues numerous sectors are predicted to make as a result of the economic fallout from the US-Israeli war on Iran.
Co-ordinated by Tax Justice UK, the letter (26 March) includes reference to war profiteering. “Sadly, there are some clear winners of the war on Iran. Oil and gas giants, big banks, agricultural input industries and defence companies will likely make record profits, at the expense of enormous human suffering.”
The full text of the letter, signatories and media links below:
https://taxjustice.uk/blog/tackle-corporate-profiteering-and-provide-cost-of-living-support/
https://www.thecanary.co/uk/news/2026/03/26/iran-war-profits/
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