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

Relocation is not the subject of the thread, but trust me, forget about it. If you want to continue trading, you will have to relocate. Most eurozone countries have some procedure( evasion fiscale en France , different from fiscal fraud ) which permit to consider any worldwide entity owned by a resident as a french one if it was created for fiscal reasons only.

Edit: Well, in fact if you are located in France and create a US company in the US for the purpose of trading US exchanges, I think you should be fine, but not if you create a belize entity for trading in the US. However, I wouldn't risk it...
 
Indeed, but there are also double taxation treaties, and it's even easier if you use a eurozone company.

It should be possible in your case to trade through a Nederlands or Luxembourg company for instance, which are not signatory of the FTT, and deal with your personal income tax in France remitted from the european company while avoiding some of the FTT might. This definetely incurs administrative costs though, not for every trader. I expect more fiscal set ups to spring up if the FTT materialises , you can trust entrepreneurs and their lawyers to adjust to new market conditions.

Edit : I wrote this post before reading your own edit, which is the along the same lines of what I mean.
 
If the plan materialize as it is now( unlikely ), here is a few policies non EU 11 exchanges should adopt regarding extraterritorial reach:

- Make any EU11 institution sign a contract in which they agree to be solely liable for any transaction tax owed to the EU( both sides ) and deal with EU authorities. If they don't sign they don't access the exchange.

- Charge the EU institutions 2 times FTT + normal fees for any transaction on the exchange. This one would disavantage EU instit so much that it would be necessary for them to relocate. EU institutions would be so marginalized internationally that protests would grow in Europe.

-Ask EU institutions to create foreign subsidiary if they want access to the exchange

-If nothing works, stop accepting any EU11 instit.

We don't only need to stop extraterritorial reach, we need to marginalize EU institutions so that they can't function properly and protests grows in Europe. The EU decided to reinvent international taxation..., don't worry other governments and exchanges can reinvent rules too...
 
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