Transaction tax in germany

Quote from newtricks:

WRONG
More...

What legal power to they have impose the tax on say a US citizen trading Bund futures if they were listed on say the CME?

They have none.

But they can tax a German who trades Bunds anywhere in the world.

So that is might point, there is some advantage of moving eurex outside of Germany for non German traders and it will also give the German traders the option of packing and leaving to avoid the tax too.
 
Go do your own homework.

So far you've proved you cant differentiate between the Eurozone and the EU,at this stage i'm not going to trust you on the setting up of a futures contract in another jurisdiction.
 
Quote from slumdog:

But i cant see how they can tax say Bund, Bolb Shatz futures trading else where in the world.
More...

Hard to enforce I agree but they are claiming the intellectual property of products. How do you hide that your products is replicating bund? It will be a source of constant tensions between countries and ( surprise ) a new source of spending for France and Germany. This new level of bureaucracy is just what we were looking for...
 
Quote from newtricks:

Go do your own homework.
More...

No need.

The German government cant tax derivatives trading in the USA or Japan (or anywhere else) where none of the counter parties are German. They can try it on but they wont get far.
 
Quote from TraDaToR:

Hard to enforce I agree but they are claiming the intellectual property of products. How do you hide that your products is replicating bund? It will be a source of constant tensions between countries and ( surprise ) a new source of spending for France and Germany. This new level of bureaucracy is just what we were looking for...
More...

Are Bunds etc licenced to Eurex only?

ES are limited to CME as YM is (was) limited only to CBOT
 
Quote from newtricks:

Why are you obsessed with Germans you idiot!

IT'S A EUROZONE TAX
More...

Can you read?, this is a Eurex section thread.

And Germany is the biggest financial center in the Eurzone, all the others are not anywhere near as important.
 
It's generally the firm creating the index( S§P, Jefferies, Goldman...) that sells it to the exchange. But I don't know if countries can caim intellectual property on it.:confused:
 
Quote from slumdog:

Can you read?, this is a Eurex section thread.

And Germany is the biggest financial center in the Eurzone, all the others are not anywhere near as important.
More...

At last you've recognised this is NOT an EU matter,at least i've taught you something today.

Considering you can't even spell Eurozone and have badly misread this from the start i'd give up now.
 
Quote from TraDaToR:

It's generally the firm creating the index( S§P, Jefferies, Goldman...) that sells it to the exchange. But I don't know if countries can caim intellectual property on it.:confused:
More...

I dont think Intellectual property rights can interfere with the resale of products anyway.

If you own a BMW and resell it, BMW cant demand a cut of the second sale.
 
You must log in or register to reply here.
Back
Top