Slovak Banks May Face Special Levy

Slovakia’s cabinet has approved draft legislation that would impose a special levy on commercial banks operating within the country, to raise about EUR50 million ($67.3 million) annually to fund a mechanism designed to ensure stability of the financial system.

  • 22 Sep 2011
Slovakia’s cabinet has approved draft legislation that would impose a special levy on commercial banks operating within the country, to raise about EUR50 million ($67.3 million) annually to fund a mechanism designed to ensure stability of the financial system. The tax would be equal to 0.2% of a ...

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