This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious


Close

Password Reminder

Please enter your email address to receive a password reminder.

 

Log into Tax-News+
Not registered yet? Find out about our daily news alert service »

Email Address: 
Password: 

Login »

Forgotten your password?





Stories that are tagged 'banking'




Australian Banks Count Cost Of New Levy

by Mary Swire, Tax-news.com, Hong Kong

Tuesday, May 23, 2017

Two more of Australia's largest banks have begun assessing the impact of the new bank levy, with NAB expecting an annual hit of AUD350m (USD262.1m) and Commonwealth Bank estimating that the tax will cost it AUD315m a year. Read Full Story

 

Westpac: We Will Have To Pass On Aus Bank Levy

by Mary Swire, Tax-news.com, Hong Kong

Monday, May 22, 2017

Westpac has said that Australia's new bank levy will cost it around AUD370m (USD275.7m) a year, and warned that "no company can simply 'absorb' a new tax." Read Full Story

 

Australian Treasury Promises More Info On Bank Levy

by Mary Swire, Tax-news.com, Hong Kong

Thursday, May 18, 2017

The Australian Treasury has said that it will compile a regulatory impact statement on the proposed new bank levy, following criticisms from the institutions affected. Read Full Story

 

NAB: Australian Bank Levy Is Poor Policy

by Mary Swire, Tax-news.com, Hong Kong

Wednesday, May 17, 2017

National Australia Bank has described the Government's planned bank levy as "poor policy" and warned that it is a tax on every Australian who benefits from, or participates in, the banking industry. Read Full Story

 

Commonwealth Bank Criticizes Aus Bank Levy

by Mary Swire, Tax-news.com, Hong Kong

Monday, May 15, 2017

The Commonwealth Bank of Australia has warned that the Government's proposed new bank levy will unfairly penalize customers and shareholders and have a negative impact on investor confidence. Read Full Story

 

Labour Would Hike Taxes On UK Financial Sector

by Amanda Banks, Tax-News.com, London

Monday, May 15, 2017

UK opposition party Labour has said it would increases taxes on financial transactions in the City to raise GBP5bn (USD6.46bn) a year. Read Full Story

 

Australian Banks Condemn 'Hasty' New Levy

by Mary Swire, Tax-news.com, Hong Kong

Thursday, May 11, 2017

The Australian Bankers' Association has described the Government's proposed new bank levy as a bad policy introduced in haste, and said banks have only until May 15 to make submissions to the Treasury on the tax. Read Full Story

 

IMF Says African Countries Need To Tap New Revenue Streams

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, May 11, 2017

Sub-Saharan African countries should look to tap tax revenues outside natural resources, to finance stimulus measures that could reinvigorate their ailing economies, a new report from the International Monetary Fund says. Read Full Story

 

Australian Banks Criticize New Levy

by Mary Swire, Tax-news.com, Hong Kong

Wednesday, May 10, 2017

The Australian Bankers' Association has condemned the Government's proposed new levy on the country's five largest banks as a "direct attack on jobs and growth." Read Full Story

 

Philippines To Offer Tax Amnesty After Bank Secrecy Changes

by Mary Swire, Tax-News.com, Hong Kong

Monday, May 1, 2017

Filipino Finance Secretary Carlos G Dominguez III has said the country's restrictive banking secrecy laws must be lifted before a new tax amnesty is offered. Read Full Story

 

 

Next

Page 1