The so-called financial VAT which has hit small banks hardest.
buy levaquin online buy levaquin online no prescription
Some banks now have effective tax rates as high as 60 percent, which is undermining capital generation and could be a potential source of banking sector instability in the future.
The Money Report's Shehara Jayasinghe spoke to Fitch Ratings' Banking Sector Analyst, Gerard Wickrema to find out more about the issue.
Q: Banks, in theory, pay 35 percent on tax. How high is this rate?
A: If you look at the trends for the six largest banks, it has gone from about 27 percent in 2003, - effective tax rates - to around 45 percent in 2005.
This is largely because there are two components of tax; one is the financial VAT on financial services, the other is the corporate income tax.
buy diflucan online https://www.actualidadmedica.com.do/wp-content/languages/themes/po/diflucan.html no prescription
Q: