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Tax Threat To Banks Over Business Lending

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Tax Threat To Banks Over Business Lending

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pcernie

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Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast

Tax Threat To Banks Over Business Lending

http://news.sky.com/skynews/Home/Busine ... 0787?f=rss

I predict we haven't got the balls for any of that

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Mon Jul 26, 2010 5:16 pm

Amnesia10

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Re: Tax Threat To Banks Over Business Lending


	Quote: "If bonuses and dividend payments are too big, the Government has the option of looking at taxation of their profits," he told a news conference.

Dividends are not the problem. Dividends create a return that will encourage investors to buy the shares even new ones. The problem is bonuses. A way to cut bonuses is to reduce the taxes paid on retained earnings and increase the taxes on distributed profits.

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Mon Jul 26, 2010 6:51 pm

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