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

(Google translation)

EU Commission wants to prevent legal tax avoidance

The European Commission wants to take action against alleged that companies and wealthy citizens escape by moving within the EU taxation. The EU Member States should include an "anti-abuse clause" in their national tax laws to remedy the situation, told the German newspaper "Handelsblatt" (Wednesday edition), citing Commission circles.

The clause is intended to enable the tax authorities to check migration willing companies and individuals. Affected businesses and citizens would have to show that there is in addition to the tax or otherwise, for their move to another country.[...]

http://orf.at/stories/2152177/
 
Quote from Explorer:

(Google translation)

The clause is intended to enable the tax authorities to check migration willing companies and individuals. Affected businesses and citizens would have to show that there is in addition to the tax or otherwise, for their move to another country.[...]

http://orf.at/stories/2152177/
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Soviet style authority comes to the EU. Stalin would be delighted.

When do they start building the wall?
 
Quote from TraDaToR:

Is it only within EU countries? I tried to read the german article but can't understand everything. What would be the penalties?
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only for the french.
 
Handelsblatt says there must be other reasons for moving than just to circumvent the FTT. If not, they'll overrule it (the EU). That's what it says.
 
Quote from Pasternak:

Handelsblatt says there must be other reasons for moving than just to circumvent the FTT. If not, they'll overrule it (the EU). That's what it says.
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Do you have the url? I couldn't find the original article.
 
Quote from TraDaToR:

Is it only within EU countries? I tried to read the german article but can't understand everything. What would be the penalties?
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only within the eu. and it's a completely unrealistic plan, which has thousands of practical impossibilities and which will never pass anyway. let's not get worked up about someone's brain fart, when the real danger (FTT) is right around the corner.
 
Quote from bjw:

only within the eu. and it's a completely unrealistic plan, which has thousands of practical impossibilities and which will never pass anyway. let's not get worked up about someone's brain fart, when the real danger (FTT) is right around the corner. [/QUO
TE]

"when the real danger (FTT) is right around the corner."

i will still bet that most posters cannot show mathematical proof to their legislators that even 1/10 of 1 percent or .001 would put active traders out of business.

instead of clownish nuances about moving to avoid ftt, start contacting with proof people who can make a difference in killing ftt proposals.
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Quote from zdreg:

Quote from bjw:

only within the eu. and it's a completely unrealistic plan, which has thousands of practical impossibilities and which will never pass anyway. let's not get worked up about someone's brain fart, when the real danger (FTT) is right around the corner. [/QUO
TE]

"when the real danger (FTT) is right around the corner."

i will still bet that most posters cannot show mathematical proof to their legislators that even 1/10 of 1 percent or .001 would put active traders out of business.
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well, i can't speak for others, but i have no trouble proving that. it's just a bit of a problem my legislator doesn't give a damn.
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