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Legislation to implement the South Australian Government's proposed bank levy has passed the state parliament's lower house. Read Full Story
More than 80 percent of South Australian small business owners believe the Government's proposed bank levy will make the state less competitive, according to a survey for the Australian Bankers' Association. Read Full Story
Brazil should take steps to simplify its tax system to cut compliance costs, the International Monetary Fund has said. Read Full Story
The Australian Bankers' Association has published a new report which it says shows that banks are among the highest corporate taxpayers in the country. Read Full Story
Australia's federal Prime Minister, Malcolm Turnbull, has questioned whether the introduction of a new bank levy in the state of South Australia will harm the state's competitiveness. Read Full Story
The Australian Bankers' Association has criticized the South Australian Government for proposing a new tax on the industry, days after a federal levy was passed by Parliament. Read Full Story
The Australian Government's major bank levy will enter into force on July 1, and is expected to raise around AUD6.2bn (USD4.7bn) in revenue over the next four years. Read Full Story
A recent report claims that Germany has lost almost EUR32bn in tax revenue from taxpayers claiming multiple tax refunds on securities transactions, through an arrangement which has since been outlawed by parliament. Read Full Story
The Swiss Federal Council has launched a consultation on measures designed to prevent the "Too-Big-to-Fail" regime for banks from imposing an increased tax burden on the sector. Read Full Story
Jean-Claude Juncker has asked members of the European Parliament to judge him on his record on tackling tax avoidance and evasion as the current President of the European commission, not in his previous roles in the Luxembourg Government. Read Full Story
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