Skip Navigation

Italy shocks banks with 40% windfall tax for 2023 | Reuters

www.reuters.com Italy shocks banks with 40% windfall tax for 2023

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.

Italy shocks banks with 40% windfall tax for 2023
11

You're viewing a single thread.

11 comments
11 comments