Financial Institution Levies
Levy 2019 Finance Section 126AA of the Stamp Duties Consolidation Act 1999 makes provision for financial institutions to be charged with a stamp duty (referred to as the “bank levy”) for each of the years 2014 to 2021. The charge is based on a percentage of the amount of Deposit Interest Retention Tax (DIRT) paid by each financial institution in a specified “base year”. For […]