The European Parliament yesterday gave its final go ahead for the introduction of the Financial Transaction Tax (FTT) to be applied in the 11 Eurozone member states, which had initially accepted this Commission proposal. The European Parliament has a consultative role on tax matters. Consequently now it’s up to the 11 participating countries in this […]
The EU Parliament endorses tax on financial transactions
Filed Under: Policy Tagged With: bonds, derivatives, ECOFIN, European Parliament, Financial Transaction Tax, FTT, Podimata, stocks, Šemeta
Financial transactions tax gets go ahead
The European Sting on Saturday 19 January wrote that, the “The ECOFIN Council is expected on Tuesday 22 January to adopt the Commission’s proposal to authorise enhanced cooperation on the Financial Transactions Tax”. Indeed today 22 January 2013, the Ecofin Council adopted a decision authorising eleven member states to go ahead with enhanced cooperation on […]
Filed Under: Economy, Eurozone Tagged With: Financial Transactions Tax, FTT, José Manuel Barroso, Martin Schulz