Not exact matches
RBC's capital markets division saw a 13 per
cent jump year -
on - year in net income to $ 748 million, primarily due to a lower effective
tax rate largely due to U.S.
tax changes and higher results in corporate and investment
banking and global markets.
20 per
cent of the gross interest might actually be more than the profits the
bank ends up earning
on that loan (once it takes its business expenses and US
tax into account).
The Liberal Democrats were more radical, calling for a ten per
cent increase
on the
tax charged
on banks» profits.
Another choice we've said we'd make differently is
on taxation and tuition fees — while under the Conservative - led government
banks are benefiting from a 5 per
cent cut in corporation
tax, — Labour thinks that money would be better used bringing down the cap
on tuition fees, to help young people worried about the costs of going to university.
He also pointed out that the Lib Dems are planning only one new
tax in order to generate revenue — a ten per
cent levy
on the profits of
banks.
TD: Fees for non-TD ATMs rose 50
cents to $ 2
on March 1; introduced a fee of $ 75 to transfer a
tax - free savings account to another
bank.
Based
on the median income of households in the Vancouver area, the
bank calculates that it would take 109 per
cent of pre-
tax income just to cover basic costs to own a house in Vancouver — mortgage payments, property
tax, and utility bills.