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Bank Tax in the European Union

Pawel Dec () and Piotr Masiukiewicz ()
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Pawel Dec: Warsaw School of Economics, Poland
Piotr Masiukiewicz: Warsaw School of Economics, Poland

Economics and Applied Informatics, 2011, issue 2, 91-96

Abstract: The imposition of bank tax is being discussed both in the Europe and the USA. A number of countries have already introduced this tax. However, the opinions of different countries on the issue are diversified. In this connection, the imposition of uniform bank tax within the European Union seems doubtful. And this is the thesis of article. Legislating this special property tax poses a number of questions: (a) is it a legitimate anti-crisis instrument? (b) why is the growth in value within the banking sector limited through a number of financial levies, while there are no burdens of this kind in other financial and non-financial sector? (c) what is being planned in EU and individual member states in this area.

Keywords: Bank tax; Anti-crisis instrument (search for similar items in EconPapers)
JEL-codes: E00 (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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