Recent content by itatrader

In the commission proposal Forex seems exempted: http://ec.europa.eu/taxation_customs/resources/documents/taxation/com_2013_71_en.pdf "For the financial instruments which may form the object of a taxable financial transaction, the relevant regulatory framework at EU level provides a clear...

Here in Italy the situation is much worse for traders than showed on this article.. the taxation proposed by the government and that could become law in the next few months is 0,05% for stocks and also for derivatives. So they will totally kill trading on derivatives in Italy... I recognize that...

Italy’s Monti sets conditions to back transactions tax Published on June 27, 2012 by DesiWireFeed · No Comments BRUSSELS, June 27 (Reuters) — Italy will join a group of EU states seeking to introduce a tax on financial transactions only if measures are taken to deal with...

From Italy.. I say.. " Monti, you have done a good job" I hope that from march this stupid tax will be put apart..

Monti has studied with James Tobin at Yale, so he could not favour this wrong version of that tax.

Danish Central Bank Says Transaction Tax to Destabilize Markets. http://www.businessweek.com/news/2011-11-03/danish-central-bank-says-transaction-tax-to-destabilize-markets.html

Only financial institution that is estabilished in a member state have to pay this tax. It is not referred to individuals. So, if a private use a european broker he has to pay the tax. Non-EU brokers will be very happy!!!