The Obama administration has proposed a $90 billion to $100 billion levy over 10 years on large financial institutions, aimed at recovering the money that the government used to stave off financial ...

If your company owes money to creditors, your bank may have the authority to freeze your account. The creditor must first issue a levy to your bank specifying the type and amount of the debt. The bank ...

UK banks may be targeted for tax raises because of their soaring profits in recent years, mainly due to their use of structural hedges which insulate them from falling interest rates by swapping ...

Not surprisingly, a lot of Americans aren’t fond of the IRS. In fact, as the agency responsible for collecting federal taxes, the IRS received the lowest favorability rating among 16 federal agencies ...

George Osborne acknowledges that a bank levy based on global assets risks damaging the UK, but his solution might not appease HSBC. So it looks like HSBC has finally won one. During his summer budget ...

OTTAWA (Reuters) - Talks about a global bank levy are a "distraction" from the other issues such as capital and liquidity reforms and the world economic recovery, Bank of Canada Governor Mark Carney ...