Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom

€ 50 billion

This is the expected revenue from the financial transaction tax promoted by the EU. The proposal is expected to come into effect from 1st January 2014 and applies to the transactions carried out by financial institutions (banks, investment firms, insurance undertakings, collective investment undertakings, etc.) acting as party to a transaction, either for their own account or for the account of other persons. Most financial instruments (securities, bonds, etc.) and derivatives thereof (such as options or swaps) will be covered by the tax.

The proposed rates are 0.1% on financial instruments and 0.01% on derivatives.

Share this article :

Related contents ...

ECB Interest Rate: One Size Doesn’t Fit All

UK 2017 Elections

The Greek Privatizations

New Policy Paper Available: Taxing corporations: why it is not only bad, but unjust
by Pierre Bessard and Fabio Cappelletti

Any message or comments?

Show Form

 css js

By continuing browsing our website, you agree with our cookies policy

Monthly newsletter
Receive our publications for free