1/4% Tax on all stock trades pushed in NY Times today
- Thread starter seasideheights
- Start date
For people with Interactive Brokers or generally interested in strategies,
there is also this new Linkedin <a href="http://www.linkedin.com/groups/Interactive-Brokers-Traders-Fund-Managers-4932221" >group</a>
http://www.tax-news.com/news/House_...ge_To_Financial_Transaction_Tax____60294.html
Nice piece. It's incredible how precise and well thought anti FTT articles are compared to pro FTT "kill HFT, tax bankers" crap.
Nice piece. It's incredible how precise and well thought anti FTT articles are compared to pro FTT "kill HFT, tax bankers" crap.
http://www.iii.co.uk/news-opinion/reuters/news/84269
LONDON (Reuters) - A planned EU tax on securities transactions will add billions of pounds to the cost of issuing debt in Britain, hitting companies and government finances even though the country will not impose the levy, a study said on Wednesday.
LONDON (Reuters) - A planned EU tax on securities transactions will add billions of pounds to the cost of issuing debt in Britain, hitting companies and government finances even though the country will not impose the levy, a study said on Wednesday.
Czech PM: Finance transaction tax will harm EU economy
Prague, April 3 (CTK) - The planned financial transaction tax, which the European Commission wants to introduced in some member states of the European Union (EU), will harm the EU economy and will make it less competitive in the area of financial services, Czech Prime Minister Petr Necas said after a cabinet meeting Wednesday.
Necas said he could not rule out that the Czech Republic would go to the European Court of Justice in this matter.
"It is important for us to prevent the introduction of this tax from harming the single market of financial services in the EU. In some cases it may even harm those EU Member States that will not join (the tax)," Necas said.
If a Czech bank traded with bonds of a country in which the tax was introduced, the transaction would be subject to the financial transaction tax and the Czech tax administrator would be obliged to send the tax to the given country.
"It is a hardly acceptable thing for us. We are very cautious in this matter. Our position does not rule out some radical steps, such as steps leading to the European Court of Justice," Necas said.
http://praguemonitor.com/2013/04/04/czech-pm-finance-transaction-tax-will-harm-eu-economy
Prague, April 3 (CTK) - The planned financial transaction tax, which the European Commission wants to introduced in some member states of the European Union (EU), will harm the EU economy and will make it less competitive in the area of financial services, Czech Prime Minister Petr Necas said after a cabinet meeting Wednesday.
Necas said he could not rule out that the Czech Republic would go to the European Court of Justice in this matter.
"It is important for us to prevent the introduction of this tax from harming the single market of financial services in the EU. In some cases it may even harm those EU Member States that will not join (the tax)," Necas said.
If a Czech bank traded with bonds of a country in which the tax was introduced, the transaction would be subject to the financial transaction tax and the Czech tax administrator would be obliged to send the tax to the given country.
"It is a hardly acceptable thing for us. We are very cautious in this matter. Our position does not rule out some radical steps, such as steps leading to the European Court of Justice," Necas said.
http://praguemonitor.com/2013/04/04/czech-pm-finance-transaction-tax-will-harm-eu-economy