There is strong political feeling resonating around the world that the banking sector must contribute to the recovery from the global financial crisis. With the introduction of a bank tax in the Netherlands from July 2012, Peter Kavelaars of Deloitte analyses the origins of the tax, its scope and design, and potential problems.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
Despite the relief, Brazil’s government has also presented a bill which seeks to re-impose a tax burden on companies’ payroll, one local tax specialist told ITR
While successful pillar two implementation will require collaboration across all units, a combination of internal and external tax advice is at the centre of the effort