Our understanding is that a very narrow based financial transaction tax
has its disadvantages and provides distortions of the market," Semeta said.
On the one hand, the effects of the financial transaction tax
levied by Sweden from 1984 to 1991 were disastrous, notes the study.
When you increase the stock transaction tax
, you're increasing the friction cost,' he said.
The Indian government has said that it had dropped a plan to revive the banking transaction tax
Firstly, a financial transaction tax
under enhanced cooperation can legally become the base for a new own resource.
Taipei, May 25, 2012 (CENS) -- The legislation bureau of the Legislative Yuan proposed that in line with the resumption of levying securities transaction gains tax, the rate of securities transaction tax
should be cut to 0.
European Commission president Jose Manuel Barroso said the financial transaction tax
(FTT) for all 27 EU countries could raise [ETH]55bn (pounds 47bn) a year and would ensure the sector made "a fair contribution" in an austere economic climate.
For my point of view, we don't want to see a new transaction tax
, we think
He said a number of international bodies were showing interest in the transaction tax
, which he described as "an idea whose time may well come".
The evolution of transaction tax
management has been rapid.
com/research/d6b1f2/sabrix_redefining) has announced the addition of the "Sabrix: Redefining Transaction Tax
Management" report to their offering.
The Philippine Stock Exchange and its member stock brokers are worried about a proposal of the new administration to double the stock transaction tax
to 1 percent, saying this would make the local stock market less attractive.