Brown says global bank tax imminent

Brown says global bank tax imminent

Prime Minister announces the world's most influential countries are close to endorsing a tax on banks

Gordon Brown has said the world’s leading economies were on the verge of
agreeing a global bank tax.

The Prime Minister hopes the deal can be cemented at the G20 summit in Canada
in June.

Mr Brown believes that the global consensus is now in favour of a worldwide
tax after President Barack Obama’s offensive last month which hopes to raise
$90bn (£57.7bn) from a US bank levy,
the
FT reported
.

Further reading:

US
plotting overseas tax break clampdown

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