Book Description
A practical book giving in-depth analysis of all the major issues facing banks including corporate tax, indirect tax, stamp and capital duties, personal taxation of employees and the taxation of banks' products. This book is an invaluable guide to the taxation of banks across the world.

About the Author
Ernst & Young is one of the world's leading firms of business and financial advisers, providing accountancy, tax and consultancy services to major international businesses worldwide. With 65,000 people in over 100 countries, it is the world's second largest accountancy firm and second largest tax consultancy. Ernst & Young has particular strength in the banking and financial services industry, with more financial services clients than any other accountancy firm. In the USA, it serves more than a quarter of American Banker's Top 100 banks, while in Europe the firm is auditor to a quarter of the top 30 European banks. Worldwide, Ernst & Young is auditor to the parent companies of more than 80 of the top 500 banks, and provides tax and consultancy services to a further 200.

Excerpted from International Bank Taxation by Ernst & Young. Copyright © 1993. Reprinted by permission. All rights reserved
Overview and arrangement of country chapters Each country chapter covers the topics described below. 1 Recognition as a Bank: For most countries this is not an issue for tax purposes, but in some countries certain tax privileges flow from being recognised as a bank by the Revenue Authorities. 2 General Summary of Corporate Taxation: General Principles; Computation of Taxable Profit; Incentives; Group Taxation; Anti-avoidance Provisions; Administration. 3Foreign Bank Operations 4Banking Products and Services 5Taxes on Transactions and Services 6Stamp Duties and Capital Duties 7Property Taxation 8Personal Taxation