Bank Tax: Demands for Time Limit Becoming Louder

Politics ♦ Published: October 27, 2010; 17:14 ♦ (Vindobona)

Financial politicians and banking representatives already argue before approval of the draft law, if the bank tax to be introduced in 2011 is going to have a time limit.

Bank Tax: Demands for Time Limit Becoming Louder / Picture: © Vindobona.org

Demands for a time limit were made by Bank Austria’s CEO William Cernko and RZB's CEO Walter Roth Steiner and also by the Notenbank’s (Central Bank) director Andreas Ittner. A clear rejection came from the side of the politicians. Andreas Schieder (SPÖ), State Secretary in the Ministry of Finance said: "The bank tax will be instituted without time limits”. None of the new taxes…

or Log In

Fast News Search
Related News
New Budget: Details and Reactions (October 25, 2010)
New Budget, New Taxes (October 25, 2010)
Bank Austria CEO Cernko: No More Bank Tax Soon (October 22, 2010)
Tax Evaders Targeted by the Ministers of Finance (October 18, 2010)
Slight Fall in Corporate Tax (October 18, 2010)
WIFO-Boss Aiginger Calls Government for Economization (October 17, 2010)
Stability Pact with Federal States Has Never Been Met (October 14, 2010)
CEOs of Stock Exchange Alert: Vienna´s Taxation Plans Cast Investors out (October 14, 2010)
Read More
Foundations, Trusts, Taxation, Public Revenues, Bank Taxes, BMF - Federal Ministry of Finance - Bundesministerium für Finanzen, Budget, Banking Industry, Fiscal Policy
Featured
How the People’s Republic of China Leverages Its Membership in Multilateral Organizations to Advance Its Geopolitical Interests
How China's Global Infrastructure Strategy Undermines European Integration in the Western Balkans and Beyond
See latest Vindobona Newsletter