HVB-German uncertainty hits new highs on tax plans

Newswire

By Thomas Atkins FRANKFURT, Nov 28 (Reuters) - Germany's second-largest bank HVB Group on Thursday joined the chorus of critics of the government's tax-hike plans, saying they were burdensome for banks and have already driven investor insecurity to new highs. HVB joins German banks, fund managers and manufacturers who have heaped criticism on the government for plans to raise revenue by extending the scope of taxes on capital gains for small investors, by hiking taxes on company cars and ...

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