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Savings Tax
Posted: 18 Mar 2013, 13:29
by ghost 9
I was watching BBC World News this mornin', and saw something about a Eurozone tax on savings accounts? Including a 9.9% tax on accounts holding more than $100,000? (Don't have the euro symbol, but $=Euro, not dollars in this instance.)
Re: Savings Tax
Posted: 18 Mar 2013, 20:19
by Shadow00
On Cyprus, yes.
Exactly how it sounds like.
Re: Savings Tax
Posted: 18 Mar 2013, 21:37
by ghost 9
Shadow00 wrote:On Cyprus, yes.
Exactly how it sounds like.
My bad, thought it was on the whole of the Eurozone.
Re: Savings Tax
Posted: 19 Mar 2013, 00:23
by Shadow00
Lastly, I think it's for below 100.000€...
But I'm not too sure either
Re: Savings Tax
Posted: 19 Mar 2013, 00:25
by Dr Frook
not really a tax, as the people end up getting shares in the banks and possibly bonds from the government.
Re: Savings Tax
Posted: 27 Mar 2013, 17:13
by GarthVader449
I beleive it effects everyone with savings, but the worst affected will be those with over €100,000 in savings. And the banks still have't opened there, as they fear all the money will be withdrawen. I wonder why....
Re: Savings Tax
Posted: 07 Apr 2013, 00:32
by Dr Frook
actually anyone with over 100K in the bank will be screwed. I feel sorry for those people