NightOwl@lemm.ee to World News@lemmy.ml · 1 year agoItaly shocks banks with 40 percent windfall tax for 2023www.aljazeera.comexternal-linkmessage-square37fedilinkarrow-up1371arrow-down110cross-posted to: technews@radiation.party
arrow-up1361arrow-down1external-linkItaly shocks banks with 40 percent windfall tax for 2023www.aljazeera.comNightOwl@lemm.ee to World News@lemmy.ml · 1 year agomessage-square37fedilinkcross-posted to: technews@radiation.party
minus-squaresol@lemm.eelinkfedilinkarrow-up28·1 year 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@kbin.sociallinkfedilinkarrow-up12·1 year 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.
minus-squarewhat_is_a_name@lemmy.worldlinkfedilinkarrow-up5·1 year agoOr they wanted the headlines for people who will never read the update.
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.
Or they wanted the headlines for people who will never read the update.