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Financial Transactions Tax (FTT) News

Belgian Pension Funds Rally Against EU FTT

by Ulrika Lomas,, Brussels

Friday, December 2, 2016

Belgian pension funds have urged the Government to withdraw from the proposed European Union financial transaction tax, warning that the tax could "devastate" the industry. Read Full Story


France To Increase Financial Transactions Tax

by Ulrika Lomas,, Brussels

Tuesday, October 25, 2016

French deputies have voted in favor of an amendment to the draft 2017 Budget that will increase the country's tax on financial transactions and expand the tax's scope. Read Full Story


Dutch Gov't Eyes Deeper Corporate Tax Cut

by Ulrika Lomas,, Brussels

Wednesday, October 12, 2016

The Netherlands' ruling VDD Party has said that it would seek to cut corporate tax for all companies if it retains power in the upcoming parliamentary elections. Read Full Story


US Democratic Party Issues Election Manifesto

by Mike Godfrey,, Washington

Tuesday, July 26, 2016

The Democratic Party platform for the 2016 presidential election includes provisions to ensure that "the wealthiest Americans and largest corporations must pay their fair share of taxes." Read Full Story


Time Running Out For EU FTT Deal

by Ulrika Lomas,, Brussels

Monday, June 6, 2016

Austrian Finance Minister Joerg Schelling has revealed that plans to introduce a tax on certain financial transactions in the EU are close to being shelved, unless the member states involved in the discussions can come to an agreement by the end of the month. Read Full Story


Taiwan's FSC Urges Tax Cuts For Investors

by Mary Swire,, Hong Kong

Friday, May 20, 2016

To encourage trading on Taiwan's financial markets, which has reduced in recent years, the Financial Supervisory Commission has recommended reductions to the taxes paid by investors. Read Full Story


Belgium Airs Doubts About EU Financial Transactions Tax

by Ulrika Lomas,, Brussels

Monday, January 25, 2016

Belgium could pull out of the coalition of European Union member states working on proposals to tax financial transactions, comments from Belgian Finance Minister Johan Van Overtveldt suggest. Read Full Story


Dutch EU Presidency To Prioritize BEPS Action

by Lorys Charalambous,, Cyprus

Thursday, January 14, 2016

The Netherlands will prioritize action against corporate tax avoidance during its Presidency of the Council of the European Union, from now until the end of June. Read Full Story


Venezuela Increases Tax Burden On Large Taxpayers

by Mike Godfrey,, Washington

Wednesday, January 6, 2016

The President of Venezuela, Nicolás Maduro, signed a decree on December 30, 2015, introducing a package of revenue-raising tax reforms. Read Full Story


Eurozone Countries Punt FTT Decision Into 2016

by Ulrika Lomas,, Brussels

Wednesday, December 9, 2015

Eurozone finance ministers met to discuss the problematic financial transactions tax on December 8, but decided to give themselves another six months to work on an agreement over its terms. Estonia, however, appears to have cold feet. Read Full Story



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