Bank Tax: 0.055% Instead of 0.04%

Bank Tax: 0.055% Instead of 0.04% / Picture: © Vindobona.org

The federal government has adapted its plans for the taxation of banks. The new tax is labeled as "stability tax". So far, a 0,04% tax on total assets had been foreseen for banks with assets between one billion euro (1.37 billion dollars) and 20 billion euro (27.7 billion dollars). But since Wednesday it has been established at 0.055%. Excluded from the tax are insured savings…