1/4% Tax on all stock trades pushed in NY Times today

justrading · Oct 16, 2012

Quote from Peternam:

For a residing permit for life or 1 year ?

For an EU national like the poster from Italy, the conditions are far less onerous.

See economically self-sufficient persons.

http://www.mxpmalta.com/ordinary-residence-permit-eueea-nationals

TraDaToR · Oct 16, 2012

Quote from justrading:

For an EU national like the poster from Italy, the conditions are far less onerous.

See economically self-sufficient persons.

http://www.mxpmalta.com/ordinary-residence-permit-eueea-nationals

Thanks for correcting. I think the number I heard was for high net worth residence scheme. They pay a ticket but then far less on their income( 12%).

Perhaps we should create an " where to escape from EU FTT?" thread instead of posting here...

Explorer · Oct 16, 2012

Senior cabinet members at the French Ministry of Economy and Finance have said they will not rule out extending the countryâs Financial Transactions Tax (FTT) to some derivatives, and rejected criticism that the rules were extraterritorial.[...]

http://mycooconnect.com/archives/51...ed-to-derivatives-says-senior-cabinet-members

Pasternak · Oct 16, 2012

âThe FTT will apply to financial institutions transacting French-issued shares anywhere in the world. This is similar to the UK stamp duty and financial institutions do not complain about being hit by that,â he said."

This is from the link above. This must be wrong? Perhaps the journalist have it wrong, but the statement implies that UK has extraterritorial reach.

sheda · Oct 16, 2012

http://www.forbes.com /sites/leesheppard/2012/10/16/a-tax-to-kill-high-frequency-trading/

Nothing new, comment if you can be bothered.

justrading · Oct 16, 2012

Quote from TraDaToR:

Thanks for correcting. I think the number I heard was for high net worth residence scheme. They pay a ticket but then far less on their income( 12%).

Perhaps we should create an " where to escape from EU FTT?" thread instead of posting here...

If things get worse and people see the need, I would be pleased to help any way I can.

FightTheFuture · Oct 16, 2012

Quote from sheda:

http://www.forbes.com /sites/leesheppard/2012/10/16/a-tax-to-kill-high-frequency-trading/

Nothing new, comment if you can be bothered.

"Leaving aside the question of whether anyone with investment capital is really middle class..."

If that sick ideology doesn't just.........

sculptor66 · Oct 16, 2012

Quote from FightTheFuture:

"Leaving aside the question of whether anyone with investment capital is really middle class..."

If that sick ideology doesn't just.........

Seems that Forbes magazine is now the new "Pravda"...

vicirek · Oct 16, 2012

Another one "likes" FTT and does not know why:

http://seekingalpha.com/article/924...trading?source=email_stocks_and_sectors&ifp=0

Robert A. Green · Oct 16, 2012

Quote from sculptor66:

Seems that Forbes magazine is now the new "Pravda"...

I've written several anti-FTT blogs on Forbes and there are very few readers - around 1000. Forbes is not pro FTT although a few of their writers may support it. They have hundres of bloggers with no coordinated message. Serious tax talk in the US won't start until after the election.