Politics

Bank Tax: Demands for Time Limit Becoming Louder

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…

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Bank Tax: Demands for Time Limit Becoming Louder

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.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.