EU mandarins are gearing up to make a call for banks to be taxed on their
profits so the falllout from financial disasters can be managed more
The European Union has become the latest to call for a levy on banks after
President Barack Obama,
PM Gordon Brown and the IMF all made similar recommendations.
The proposals are set to be unveiled tomorrow by internal market chief Michel
Barnier, according to the
It will not be a bailout fund, officials emphasised. The fund would be used
to mitigate the effects of collapses in the future.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states