IMF urges double tax hit on banks to refund taxpayers - Telegraph: "n a report delivered to G20 nations on Tuesday, but yet to be published, the Fund has urged countries around the world to impose two new taxes on financial institutions: a 'financial stability contribution' which levies a small charge on their balance sheets, and a 'financial activities tax', which taxes excess profits, including bonuses.
The recommendations are likely to strike fear into a banking sector reeling from the US Securities and Exchange Commission's fraud charges against Goldman Sachs."
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