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GAAP.RUNewsG20 didn’t approve the decision on coordinated tax on banks

G20 didn’t approve the decision on coordinated tax on banks

Publication date: 28 June 2010

During the summit in Toronto the “Group of Twenty” failed to approve the idea on coordinated tax on banks which was proposed by many Western nations as a way to compensate part of financial funds that had been spent to support financial institutions during the crisis.

During the summit in Toronto the “Group of Twenty” failed to approve the idea on coordinated tax on banks which was proposed by many Western nations as a way to compensate part of financial funds that had been spent to support financial institutions during the crisis.