TY - BOOK ID - 7691373 TI - Addressing tax risks involving bank losses. PY - 2010 SN - 1282915177 9786612915178 9264088687 9264088679 PB - Paris : OECD, DB - UniCat KW - Banks and banking, Central. KW - Collateralized debt obligations. KW - Inflation (Finance). KW - Tax incentives. KW - Finance KW - Business & Economics KW - Banking KW - Banks and banking KW - Global Financial Crisis, 2008-2009. KW - Taxation KW - Global Economic Crisis, 2008-2009 KW - Subprime Mortgage Crisis, 2008-2009 KW - Agricultural banks KW - Banking industry KW - Commercial banks KW - Depository institutions KW - Financial crises KW - Financial institutions KW - Money UR - https://www.unicat.be/uniCat?func=search&query=sysid:7691373 AB - The financial and economic crisis had a devastating impact on bank profits, with loss-making banks reporting global commercial losses of around USD 400 billion in 2008. This comprehensive report sets the market context for bank losses and provides an overview of the tax treatment of such losses in 17 OECD countries; describes the tax risks that arise in relation to bank losses from the perspective of both banks and revenue bodies; outlines the incentives that give rise to those risks; and describes the tools revenue bodies have to manage these potential compliance risks. It concludes with recommendations for revenue bodies and for banks on how risks involving bank losses can best be managed and reduced. ER -