Bank Profits and Bank Taxes in the EU

preview-18
  • Bank Profits and Bank Taxes in the EU Book Detail

  • Author : Morgan Maneely
  • Release Date : 2024-07-09
  • Publisher : International Monetary Fund
  • Genre :
  • Pages : 26
  • ISBN 13 :
  • File Size : 38,38 MB

Bank Profits and Bank Taxes in the EU by Morgan Maneely PDF Summary

Book Description: Since 2022, EU banks have been enjoying historically high profits. The profits are mostly driven by the delayed pass-through of the rapid monetary policy tightening to deposit rates and as such are likely transitory. Against this background, almost half of EU countries have introduced new taxes on banks. This paper documents the significant diversity in the design of the new bank taxes—in terms of their tax base, rate, duration, and burden. The paper discusses several trade-offs in the design of bank taxes and argues that an alternative or complementary policy response to temporarily high bank profits is to lock them in as usable bank capital, for example through an increase in countercyclical capital buffer rates.

Disclaimer: www.yourbookbest.com does not own Bank Profits and Bank Taxes in the EU books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Bank Profits and Bank Taxes in the EU

Bank Profits and Bank Taxes in the EU

File Size : 53,53 MB
Total View : 7973 Views
DOWNLOAD

Since 2022, EU banks have been enjoying historically high profits. The profits are mostly driven by the delayed pass-through of the rapid monetary policy tighte

Profit Shifting by EU Banks

Profit Shifting by EU Banks

File Size : 89,89 MB
Total View : 9459 Views
DOWNLOAD

We investigate profit shifting by the largest and systemically relevant European multinational banks using new data made available through country-by-country re

Taxing the Financial Sector

Taxing the Financial Sector

File Size : 99,99 MB
Total View : 7969 Views
DOWNLOAD

This book contains contributions from prominent practitioners and academics presenting their views on the tax levies on the financial sector from a legal and an

Banking in Europe

Banking in Europe

File Size : 79,79 MB
Total View : 4182 Views
DOWNLOAD

This Palgrave Pivot provides a comprehensive overview of the dynamics that are affecting the profitability of European banks since the recent crisis period. Mor