(ADPnews) - Dec 21, 2009 - Deutsche Bank (FRA:DBK) is looking for ways to avoid the special tax on bonuses in the UK, proposed by British Chancellor of the Exchequer, Alistair Darling.
Deutsche Bank's CEO Josef Ackermann told Financial Times that it was unfair that the lender's UK employees would not be treated the same way as the rest of the staff. Many companies are mulling ways to avoid paying the tax.
How Deutsche Bank will free its 8,000 London employees of the super tax is still unclear. "We will observe what other banks will do - what part of the costs will be taken by the staff and what by the shareholders," Ackermann said.
Two weeks ago …
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