Italy proposes bank tax to help consumers and businesses cope with interest rate hikes apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
The Italian finance ministry is defending a proposed 40% tax on some bank profits as being in line with “already existing rules in Europe on extra bank margins.” The ministry
Italian bank stocks have plunged after the Cabinet approved a proposal to apply a temporary tax on some 2023 bank profits. Transport Minister Matteo Salvini announced the tax at a