Canada clashes with UK on global banking tax
Canadian premier and David Cameron at odds on the idea of global levy on banks profits
Canadian premier and David Cameron at odds on the idea of global levy on banks profits
Canadian Prime Minister Stephen Harper has clashed with David Cameron on the
issue of a EU wants bankers to stump up levy.
Meeting with British Prime Minister David Cameron at 10 Downing Street in
London ahead of the upcoming G8/G20 summits, Harper made his case against the
tax.
Harper has taken a different stance because Canada has not been forced to
bail out banks, unlike the UK.
Despite the resistance Cameron said he was determined to push the proposals
through.
At a joint press conference following the meeting, Cameron said: “We’ve
always made clear here in the UK that we will proceed anyway because of the
significant taxpayer support to the banks,” he said.
BBA
pooh-poohs global banking ‘tax’
EU
wants bankers to stump up levy
More about:
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourcePrime minister set to make announcement on companies which encourage tax evasion, while he launches joint taskforce with HMRC to deal with Panama Pape...
View articlePrime minister pressed to renew tax avoidance crackdown in British overseas territories Read More...
View articleThe Conservatives' pro-business platform carried the party through the election, but its personal tax policy continues to be vaguer, writes Calum Full...
View articleAfter releasing a ten-point action plan on tax evasion, the G8's proposals have been branded an "anti-climax" by advisers Read More...
View articleCrown dependencies sign "vital" agreement on tax transparency ahead of G8 summit Read More...
View articleDavid Cameron seeks to blur the lines between legal tax evasion and legal avoidance as he addresses business leaders in India Read More...
View articlePoliticians should match their strident rhetoric on tax avoidance with legal change, says Ernst & Young's Mark Otty Read More...
View articleThe prime minister's speech hammering tax avoidance was aimed at multi-corporations and the profession is a victim of friendly fire, says Sage’s Jim S...
View article