👉 Gubbings, also known as "gubbing," is a type of tax that is levied on certain industries or sectors in a country. The primary purpose of this tax is to provide relief for companies that have invested heavily in the industry and are now experiencing economic downturns. In many countries, gubbings are collected by local governments through various means such as taxes, fines, or penalties imposed upon businesses that violate regulations related to environmental standards, employment practices, or other policies. The
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