NightOwl ( NightOwl@lemm.ee ) to World News@lemmy.ml · 3 years agoItaly shocks banks with 40 percent windfall tax for 2023www.aljazeera.comexternal-linkmessage-square35linkfedilinkarrow-up1231cross-posted to: technews@radiation.party
arrow-up1231external-linkItaly shocks banks with 40 percent windfall tax for 2023www.aljazeera.comNightOwl ( NightOwl@lemm.ee ) to World News@lemmy.ml · 3 years agomessage-square35linkfedilinkcross-posted to: technews@radiation.party
minus-squaresol ( sol@lemm.ee ) linkfedilinkarrow-up20·3 years agoThey have since announced that it will be capped at 0.1% of a bank’s assets: https://edition.cnn.com/2023/08/09/business/italy-bank-windfall-tax-change/index.html
minus-squareBraveSirZaphod ( BraveSirZaphod@kbin.social ) linkfedilinkarrow-up11·3 years agoIt should be noted that this was in response to bank stocks rapidly collapsing. It seems pretty doubtful that this was planned or they would have included it in the original announcement.
They have since announced that it will be capped at 0.1% of a bank’s assets: https://edition.cnn.com/2023/08/09/business/italy-bank-windfall-tax-change/index.html
It should be noted that this was in response to bank stocks rapidly collapsing. It seems pretty doubtful that this was planned or they would have included it in the original announcement.