Financial Transaction Tax Schatz

Financial Transaction Tax Schatz. Financial transaction taxes (FTT) levy a tax on each unique instance of the buying and selling of financial assets. An FTT is a type of excise tax imposed on trades of financial assets, including stocks, bonds, and derivatives.

Financial transaction tax tabled by european commission
Financial transaction tax tabled by european commission (Bessie Welch)

A tax on financial transactions–whatever its objectives–is subject to one cardinal premise: it must preserve financial market efficiency and stability. On Tuesday, Schatz introduced legislation proposing a financial transaction tax. Redemptions of fund units are also taxed.

It would favor longer-term investors over speculators. financial transaction tax.

On Tuesday, Schatz introduced legislation proposing a financial transaction tax.

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Redemptions of fund units are also taxed. A tax on financial transactions–whatever its objectives–is subject to one cardinal premise: it must preserve financial market efficiency and stability. Some think the coming years might be their moment.

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