Recent content by Dogfish

<b>Italy Introduces The First Derivative FTT</b> by Ulrika Lomas, Tax-News.com, Brussels 04 September 2013 http://www.tax-news.com/news/Italy_Introduces_The_First_Derivative_FTT_____61932.html The Italian financial transaction tax (FTT), which began to be levied on March 1, 2013 on...

http://www.eurexgroup.com/group-en/newsroom/587074/?wt_mc=group.newsletter.editorial_xpand_en.xpand_2013_cw30_en_2013-08-06-11:51_591814 Deutsche Börse publishes discussion paper on financial transaction tax...

I traded at prop houses in both Dubai and Singapore after London for a number of years, preferred Dubai so came back to it from Singapore. I really wanted to like Singapore but it's pretty backwards in a lot of ways. Horses for courses but Dubai is pretty sweet, things like supermarkets here put...

http://www.fow.com/Article/3195536/The-changing-dynamics-of-proprietary-trading.html <b>The changing dynamics of proprietary trading</b> 23 April 2013 Regulatory changes are forcing firms at every point of the trade cycle to re-evaluate their business models. Proprietary trading houses are no...

Declare non residence for tax purposes to your home country and set up a company in Dubai for a residence visa. You only need to pass through once every six months to keep it valid and you will legitimately pay no corporate or income tax on any earnings and will have 100% ownership of your...

Day to day trading, you mean this? "- Day-to-day financial activities of ordinary citizens and businesses (e.g. insurance contracts, mortgage and business lending, credit card transactions, payment services, deposits, spot currency transactions etc.) are excluded from the FTT, in order to...

<b>EU launches plan to tax trading in 11 countries from 2014</b> Feb 14th 2013 http://uk.reuters.com/article/2013/02/14/eu-transactiontax-idUKL5N0BD89Q20130214 'The European Commission set out how its financial transaction tax (FTT), aimed at making banks pay for taxpayer help they...

http://about.bloomberglaw.com/files/2013/02/gelb.pdf

In January 2013, the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.7 million contracts (January 2012: 8.2 million). Of those, 5.9 million were Eurex Exchange contracts (January 2012: 5.5 million), and 2.7 million contracts were at the U.S.-based...

Well send the article link anyway, latest article about it on that site I found is from the 23rd before the leak was seen. I'd be shocked if day traders were exempt, after all that is one of the primary aims of the tax to stop high frequency speculation.

Makes you wonder if Liffe Euribors will get done too, obviously a connection there

http://www.ft.com/cms/s/0/e82a3792-6a2a-11e2-a3db-00144feab49a.html#ixzz2JRzl6U00 So even if both trading parties are outside the zone if the product is issued from within the zone or the HQ of your clearer is within the zone or the quoted product has 'a clear connection to a participating...