Savings Tax

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ghost 9
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Savings Tax

Postby ghost 9 » 18 Mar 2013, 13:29

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.)
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Shadow00

Re: Savings Tax

Postby Shadow00 » 18 Mar 2013, 20:19

On Cyprus, yes.
Exactly how it sounds like.

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ghost 9
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Re: Savings Tax

Postby ghost 9 » 18 Mar 2013, 21:37

Shadow00 wrote:On Cyprus, yes.
Exactly how it sounds like.

My bad, thought it was on the whole of the Eurozone.
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Shadow00

Re: Savings Tax

Postby Shadow00 » 19 Mar 2013, 00:23

Lastly, I think it's for below 100.000€...
But I'm not too sure either

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Dr Frook
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Re: Savings Tax

Postby Dr Frook » 19 Mar 2013, 00:25

not really a tax, as the people end up getting shares in the banks and possibly bonds from the government.
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GarthVader449
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Re: Savings Tax

Postby GarthVader449 » 27 Mar 2013, 17:13

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.... ;)
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Dr Frook
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Re: Savings Tax

Postby Dr Frook » 07 Apr 2013, 00:32

actually anyone with over 100K in the bank will be screwed. I feel sorry for those people
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