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An update on the Financial Transaction Tax
22 Dec
Financial transaction tax, EU FTT, Implementation of FTT, Implementation of financial transaction tax, eu financial transaction tax

An update on the Financial Transaction Tax

  • 22nd December 2015
  • Mark Robinson

With the number of participating states down to 10 (France, Germany, Belgium, Greece, Spain, Italy, Austria, Portugal, Slovenia and Slovakia) and the implementation date delayed to mid-2016, the 2011 EU proposal for a financial transaction tax is looking shaky. The most recent movements have stemmed from the 2013 proposal for an EU directive implementing enhanced cooperation Read More

16 Dec

EU FTT – it’s “alive and deadly” apparently

  • 16th December 2013
  • RegTechFS

By Sam Tyfield, Vedder Price As you will recall: 11 member states of the EU have proposed a FTT using the ‘enhanced cooperation’ procedure; the FTT proposed includes spot FX; the EU Council has obtained a legal opinion stating that the imposition of a FTT by an 11 member state group is unlawful because: A) Read More