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Tax Threat To Banks Over Business Lending
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=9674		 Page 1 of 1
Author:  pcernie [ Mon Jul 26, 2010 5:16 pm ]
Post subject:  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 :(
Author:  Amnesia10 [ Mon Jul 26, 2010 6:51 pm ]
Post subject:  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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