Financial Transactions Tax (FTT) News

Juncker Seeking To Smooth Path For EU Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 14, 2018

Jean-Claude Juncker, the President of the European Commission, has again called for changes to the way EU member states vote on key tax proposals. Read Full Story

Ireland Resisting EU Tax Harmonization

by Jason Gorringe, Tax-News.com, London

Friday, September 15, 2017

Irish Finance Minister Paschal Donohoe has signalled that the Government will not accept any attempt by the EU to change the system for voting on headline tax policies. Read Full Story

Ibec: Ireland Should Veto Harmful EU Tax Proposals

by Jason Gorringe, Tax-News.com, London

Thursday, September 14, 2017

Business group Ibec has said that it is essential that Ireland retains full sovereignty over decisions on tax policy and that the Government should block any moves by the EU that jeopardize this right. Read Full Story

Portuguese Banks Must Shoulder New Transactions Tax

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 5, 2017

Banks in Portugal will no longer be able to pass a tax on card transactions on to customers, the country's Assembly has ruled. Read Full Story

Taiwan To Slash Tax On Same Day Securities Trading

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, April 18, 2017

Taiwan's Legislative Yuan adopted legislation to halve the securities transaction tax rate on day trading activity from 0.3 percent to 0.15 percent. Read Full Story

April Cut-off For EU Financial Transaction Tax Negotiations

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, March 23, 2017

The EU member states taking part in the proposed EU financial transactions tax will decide next month whether or not to proceed with the controversial tax, according to Austrian Finance Minister Hans Joerg Schelling. Read Full Story

Austrian Bank Tax Payments Spiked In 2016

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 1, 2017

Erste Group, one of the largest financial institutions in Central and Eastern Europe, has said its bank tax payments almost tripled in 2016 as a result of a change to Austrian tax law. Read Full Story

Sweden's Competition Commission Opposes FTT

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 9, 2017

Sweden's competition authority has warned that proposals for a financial activities tax would place the country's financial services sector at a competitive disadvantage. Read Full Story

EU Looking At New Tax-Based Funding Model

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, January 24, 2017

A new report has recommended a rethink on how the European Union is funded, proposing the use of either revenues from carbon tax, a common corporate income tax, or from value-added tax, as currently, but under reformed arrangements. Read Full Story