Sunday October 25, 2020

Dirt pits banks against An Post

The body that represents retail banks in Ireland has criticised the increase in tax on interest income in last week's budget as a "distortion” of the market.

9th December, 2012

The body that represents retail banks in Ireland has criticised the increase in tax on interest income in last week's budget as a "distortion” of the market that will make it harder for banks to compete against state savings schemes for deposits".

The Irish Banking Federation (IBF) said the increase in deposit interest retention tax (Dirt) and the levying of PRSI on interest income would put Ireland's banks at a disadvantage compared to An...

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