They're not imposing tax penalties, they just got rid of the tax breaks. You can no longer claim a mortgage as an 'expense' when calculating your profits. Tha

They're not imposing tax penalties, they just got rid of the tax breaks. You can no longer claim a mortgage as an 'expense' when calculating your profits. That's not how it works for other companies, loan repayments are not classified as an expense to reduce your profits. So now they have to pay the same tax rate as other businesses, where before they were getting a huge tax break.