Italy shocks banks with 40% windfall tax for 2023
www.reuters.com
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward deposits.
  • Veraxus
    30•2 years ago

    Huh. I guess even Fascists can get a thing right once in a while.

    • @doppelgangmemberEnglish
      6•2 years ago

      A broken (analog) clock is right twice a day but wrong most of the time…