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Proposed bank levies – comparison of certain jurisdictions

Proposed bank levies – comparison of certain juri...

Tax alert - Issue 2, February 2011

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Following on from recent G20 talks and EU Member State agreements in June 2010, many governments, namely Austria, Cyprus, France, Germany, Portugal, Sweden, the UK and the US have announced and started to implement their plans for bank levies. There are a number of inconsistencies of approach around the world; the EU included. The information below highlights these by providing a comparison on some of the details of the respective proposals.

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