Italy shocks banks with 40 percent windfall tax for 2023

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Italy shocks banks with 40 percent windfall tax for 2023

https://www.aljazeera.com/news/2023/8/8/italy-shocks-banks-with-40-percent-windfall-tax-for-2023

The move comes after higher interest rates have yielded record profits for banks as the cost of loans has soared.

Italy shocks banks with 40 percent windfall tax for 2023