Global Bank Tax Deal Near, UK's Brown Says |
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February 11, 2010
Leaders from the world's top economies are close to agreeing on a global bank tax and a deal could be reached at a meeting of the Group of 20 nations later this year, according to British Prime Minister Gordon Brown.
Leaders from the world's top economies are close to agreeing on a global bank tax and a deal could be reached at a meeting of the Group of 20 nations later this year, according to British Prime Minister Gordon Brown.
The Financial Times newspaper reported on Thursday that Brown believes opinion has shifted decisively in favour of a globally coordinated tax after U.S. President Barack Obama's move last month to raise $90 billion from a U.S. bank levy.
"I'm interested in the way support is building up for international action," Brown was quoted as saying.
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