Austria won’t participate in a planned financial-transaction tax unless the revenue generated outweighs the cost to the industry, Finance Minister Hans Joerg Schelling said.
“Austria won’t be part of a fig-leaf tax announced for political reasons to counter evil speculators,” Schelling said in an interview in Milan. “If the overhead for banks, companies and stock buyers is bigger than the outcome,” the tax “doesn’t make sense,” he said.
Source: Tax-News.com
The Council today adopted a package of new anti-money-laundering rules that will protect EU citizens and the EU’s financial system against money laundering and the financing of
The Council today reached an agreement (general approach) on safer and faster procedures to obtain double taxation relief, which will help boost cross-border investment and
Weeks after rejecting an IMF call to implement a personal income tax on its citizens, The Bahamas has announced plans for the introduction of a
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