tobin tax News

Slovenia Explains Cold Feet On EU FTT

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, May 27, 2014

Slovenia is considering withdrawing from the list of countries that plan to adopt a Financial Transactions Tax in the European Union, owing to concerns that its base is too narrow. Read Full Story

Businesses Call For Belgium To Drop Out Of FTT

by Ulrika Lomas, Tax-News.com, Brussels

Monday, May 19, 2014

Belgium should exit the enhanced cooperation procedure for a European Union financial transactions tax until major European financial centers participate, or until its impact has been thoroughly studied, the Federation of Enterprises in Belgium has said. Read Full Story

EU Member States React To EU FTT Declaration

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, May 14, 2014

Luxembourg's Finance Minister Pierre Gramegna has called on the European Commission to demonstrate that the introduction of a financial transactions tax in 11 European Union member states will not have an extraterritorial impact on non-participating countries. Read Full Story

European Bankers Warn Of FTT Fallout

by Ulrika Lomas, Tax-News.com, Brussels

Monday, May 12, 2014

The European Banking Federation has warned that a financial transaction tax would create uncertainty for investors and increase business costs, regardless of whether it is introduced across the European Union or among a limited number of member states. Read Full Story

EU11 Scolded For 'Opaque' Financial Transaction Tax Talks

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 8, 2014

The European Union's Economic and Financial Affairs Council's meeting on the current state of play on negotiations towards a European Union Financial Transactions Tax on May 6, 2014, ended with a joint statement signed by only ten of the eleven member states that have committed to introduce the levy. Read Full Story

ECJ Rejects UK Challenge To EU FTT

by Robert Lee, Tax-News.com, London

Monday, May 5, 2014

The Mayor of London has expressed disappointment at the European Court of Justice's decision to reject the UK's legal challenge against a proposed European Union financial transaction tax. Read Full Story

Franco-German Businesses Warn Against EU FTT

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 30, 2014

French and German business representatives, and financial markets organization, Paris Europlace, have newly reaffirmed their grave concerns about the European Union Financial Transactions Tax. Read Full Story

Šemeta In Final EU Tax Harmonization Push

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 16, 2014

The European Union will benefit from a more coordinated approach on taxation, the European Union's Tax Commissioner Algirdas Šemeta has said, outlining near-term fiscal policy proposals. Read Full Story

France's FTT Experience Should Warn Europe Of Risks

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, April 8, 2014

The introduction of a financial transactions tax in France has led to a ten percent reduction in the volume of shares traded on the capital's stock market, according to a recent study conducted by the nation's financial market regulator, AMF. Read Full Story

Spanish Left Slams Rajoy's Income Tax Plans

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 3, 2014

The opposition Spanish Socialist Workers' Party has said that the Government's plans to cut individual income tax in 2015 are tantamount to fraud and deception. Read Full Story

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