Kaupthing WuC Opinion on the Bill proposing amendments to the Bank Tax Act

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2013-11-22 (All day)

The Opinion of the Winding-up Committee submitted to the parliamentary Economic and Trade Committee on 28 October 2013 discusses certain flaws in Chapter V of the Bill proposing amendments to the Bank Tax Act No. 155/2010.

The Bill proposes to levy a special tax on financial undertakings in winding-up proceedings ...