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Stories that are tagged 'Banking'

South Australia Bank Tax Passes Lower House

by Mary Swire,, Hong Kong

Friday, August 11, 2017

Legislation to implement the South Australian Government's proposed bank levy has passed the state parliament's lower house. Read Full Story


South Australian Firms 'Oppose State Bank Levy'

by Mary Swire,, Hong Kong

Tuesday, August 8, 2017

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 Simplify Tax System: IMF

by Mike Godfrey,, Washington

Thursday, July 20, 2017

Brazil should take steps to simplify its tax system to cut compliance costs, the International Monetary Fund has said. Read Full Story


Australian Bankers Defend Tax Record

by Mary Swire,, Hong Kong

Wednesday, June 28, 2017

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


Turnbull Comments On South Australia's Bank Tax Plan

by Mary Swire,, Hong Kong

Friday, June 23, 2017

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


Australian Bankers Criticize New Provincial Levy Plan

by Mary Swire,, Hong Kong

Thursday, June 22, 2017

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


Australian Senate Passes Bank Levy

by Mary Swire,, Hong Kong

Tuesday, June 20, 2017

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


Germany Counts Cost Of Securities Tax Refund Scandal

by Ulrika Lomas,, Brussels

Wednesday, June 14, 2017

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


Switzerland To Ease Tax Burden On Banks

by Ulrika Lomas,, Brussels

Monday, June 12, 2017

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


Juncker Grilled By European Parliament Tax Committee

by Ulrika Lomas,, Brussels

Wednesday, June 7, 2017

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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