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Thursday, December 5, 2024

Amendments for the taxation of banks' excess profits by AKEL

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    ΤροπολογΙες για την φορολογη&sigma ;ητων υπερκερδν των τραπεζÏŽν απÏŒ το ΑΚΕΛ

    AKEL submitted amendments to the proposed law on the temporary taxation of banks' excess profits today to the Parliamentary Finance Committee

    Specific amendmentsAKEL submitted today to the Finance Committee of the Parliament a proposal for a law on the temporary taxation of banks' super profits, based on what was heard in the previous two sessions, stated its Secretary General, Stefanos Stefanou.

    The AKEL Secretary General explained that this was done to avoid any constitutional or legal problems that the proposal had and to achieve the greatest possible consensus for a bill that aspires to provide a degree of social justice.

    “At a time when a large part of society is struggling, unhappy, pressured by accuracy but also by high interest rates, our proposal aims to return a part of the excess profits that the banks made due to high interest rates back to society,” he said.

    He asked, he said, from the Finance Committee, after the necessary arrangements are made by the Parliament's services, “to look at the issue for the last time at the next session of the Finance Committee and to complete the discussion with the aim of sending the issue to the Plenary before the end of the year and before the Parliament closes for the holidays, if possible.”

    Mr. Stefanou expressed his belief that the proposed law sends the message that the parties, the political world, and the Government do not remain indifferent to the fact that society, which is struggling greatly due to problems, can expect support.

    Source: cyprustimes.com

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