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02 Oct 2009
An international tax on banks is on the drawing board, with the International Monetary Fund looking at proposals.
Dominique Strauss-Kahn, managing director of the International Monetary Fund,
suggested during questions at the IMF's annual meeting that a bank tax was on
the agenda, although a transactional or Tobin Tax was unlikely, reported
the Telegraph.
"Having special funding coming from the financial sector is something we'll work
on," said Strauss-Kahn.
But he added that a Tobin tax was impractical and simplistic.
"It's a question asked by the G20 and we think it's a very valid question," said its deputy managing director John Lipski.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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