Germany clarifies tax issue for bank securitizations

Dittrich, Kurt
February 2003
Asset Securitization Report;2/3/2003, Vol. 3 Issue 5, p32
Reports on the German Finance Ministry's plans to clarify a tax issue that has negatively affected securitizations of bank receivables in Germany. Trade tax liability of foreign special purpose vehicles; Add-back of 50% of the interest payable on 'long-term debt'; Observation from the Federal Ministry of Finance.


Related Articles

  • Mass. bankers grapple with tax on trust conversions. Fraser, Katharine // American Banker;11/25/1996, Vol. 161 Issue 226, p13 

    Reports on the Massachusetts Bankers Association's lobbying for the elimination of the state tax on trust conversions. Protest against the state's personal income tax code; Highlights of a conference tackling the issue.

  • Leach cool to plan to limit tax writeoffs. de Senerpont Domis, Olaf; McConnell, Bill // American Banker;5/16/1997, Vol. 162 Issue 94, p3 

    Discusses the implications for banks in the United States of a proposal to limit tax write-offs for operating losses.

  • China to gradually scrap foreign bank tax breaks. B.B.N. // Asian Business Review;Nov95, p60 

    Reports that China will gradually scrap preferential tax treatment accorded to foreign banks. Efforts to pave the way for foreign banks to conduct yuan business on a level playing field with Chinese banks.

  • No Sympathy for 'Freeloaders' Moyer, Sam // American Banker;1/22/2010, Vol. 175 Issue F303, p8 

    A letter to the editor is presented in response to the article "Tax Aims at Big Banks But Could Hit Others" in the January 20, 2010 issue.

  • Regulator Knocks Tax Proposal.  // American Banker;4/23/2010, Vol. 175 Issue F315, p16 

    The article focuses on a bank tax that was proposed by the International Monetary Fund's Group of 20 finance ministers which has an agenda for reforming the financial sector.

  • Germany, France, U.K. Want Bank Levy.  // American Banker;6/23/2010, Vol. 175 Issue 96, p16 

    The article reports that Germany, France, and Great Britain have jointly asked for taxes on banks' balance sheets to try to overcome opposition to the proposal by members of the Group of 20 nations before its summit in Toronto, Canada.

  • Minnesota S Corporation Banks Seeking Same Tax Break As Their Nonbank Peers. LUTTON, LAURA PAVLENKO // American Banker;10/22/1998, Vol. 163 Issue 203, p7 

    Discusses the efforts of S-corporation banks in Minnesota to win a tax break enjoyed by other types of S corporations in the state. State law covering the issue; Meetings held between S corporation bankers and legislators to discuss the issue; Arguments raised in favor of the tax breaks.

  • Bank tax repeal not a done deal. Mylchreest, Ian // Las Vegas Business Press (10712186);2/5/2007, Vol. 24 Issue 6, p9 

    The article focuses on the bank tax repeal in Nevada. It emphasizes that Republicans have declined to approve any kind of franchise tax on banks because it was only a dissimulated corporate-income tax. It mentions that banks and corporations are not paying their tax fairly regardless of big profits.

  • State tax codes present stumbling blocks and ways to rack up points in branching. Engel, James C. // American Banker;9/6/1995, Vol. 160 Issue 171, p7 

    Opinion. Comments on the effects of state taxing authority on interstate activities of financial institutions in the United States. Implications of the 1994 enactment of the Interstate Banking and Branching Efficiency Act; Possible increase in a bank's exposure to nonuniform state taxation and...

  • WORTH NOTING.  // Credit Union Journal;12/11/2000, Vol. 4 Issue 50, p3 

    Reports on developments concerning United States credit unions as of December 11, 2000. Institute on Taxation and Economic Policy study showing the tax rate paid by certain banks.; Nevada Federal Credit Union's bonus for its members.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics