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France Said to Consider Following U.K. Bank Bonus Tax
French banks would pay the charge, though the rate hasn’t been set, said the officials, who declined to be identified because they’re not authorized to speak to the press. Chancellor of the Exchequer Alistair Darling said yesterday all banks in the U.K. awarding discretionary bonuses of more than 25,000 pounds ($40,000) must pay a one-time levy of 50 percent. France is unlikely to impose a lower rate, an aide to Sarkozy said.
Submitted by
etfguy
12/10/2009
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12/10/2009
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