Recent content by Rantany

Coeure says ECB ready to help set up financial transaction tax http://uk.reuters.com/article/2013/05/27/uk-ecb-financialtransactiontax-idUKBRE94Q03V20130527

(google translate)

ok, it's clear to me now ;) I just read the pdf http://ec.europa.eu/taxation_customs/resources/documents/taxation/other_taxes/financial_sector/fact_sheet/territoriality.pdf

About the residence principle: If I understand the faq well, I think only EU (EC-11) residents or companies have to pay the FTT, and only if there is also an EC-11 based financial institution involved with the transaction: But if you don't live in an EC-11 country, you simply can't pay the tax...

I'm interested in it too. According to this, they need 258 out of 345 votes for permission to form an EC. The 11 countries and Netherlands have together 188 votes (weighted). So they need 70 out of 157 votes from the other countries. Without UK they need 70 out of 128.

It's not very clear to me too. I think that europolitics.info has spoken with an EC/EU representative (or something). The sentence: 'We shall not hesitate to call for a vote, if necessary. And we will obtain a qualified majority.' are the words of this EC representative, and not the words of...

Hmm.. what would be those 'astonishing' new demands Whole article: http://www.europolitics.info/united-kingdom-comes-up-with-new-demands-art344868.html

So it seems former MinFin Jan Kees de Jager was the real FTT-opponent. Too bad he is gone. I never trusted PM Rutte on this one, but that he changed his mind so quickly in the negotiations with his new coalition partner is unbelievable. So all his former statements about the danger that this...

And it goes on.. http://www.maerkischeallgemeine.de/cms/beitrag/12398750/5934832/BMFSteffen-Finanztransaktionssteuer-mit-neun-Staaten-wird-kommen.html

http://www.finanznachrichten.de/nachrichten-2012-09/24704127-italien-und-spanien-blockieren-finanztransaktionssteuer-003.htm

More details of the French FTT: http://www.pwc.be/en/financial-services-newsalert/2012/french-financial-transaction-tax.jhtml

Study from a research professor (pdf): Would a Financial Transaction Tax Affect Financial Market Activity? Insights from Futures Markets - by George H. K. Wang and Jot Yau...

Germany keeps pushing: http://www.bloomberg.com/news/2012-06-30/germany-wants-transaction-tax-tied-to-esm-bank-aid-focus-says.html

Pfff... 2014, 2013, 2015, and now even this year.. https://mninews.deutsche-boerse.com/index.php/frances-hollande-financial-transaction-tax-come-end-2012?q=content/frances-hollande-financial-transaction-tax-come-end-2012

It seems there are now 10 willing FTT-countries, (probably including Italy now?), after the EU-Summit: http://www.focus.de/finanzen/news/wirtschaftsticker/konjunktur-eu-parlamentspraesident-mit-gipfelbeschluessen-grundsaetzlich-zufrieden_aid_774951.html