Global transaction tax is possible, EU official says

02/26/2013 | Bloomberg · Reuters · Trade News (U.K.), The

EU Tax Commissioner Algirdas Semeta says a global tax on financial transactions eventually should be a reality, as he encourages U.S. supporters to continue their efforts. The U.S. Treasury Department remains opposed. Meanwhile, the head of the Lisbon Stock Exchange has called on the Portuguese government to oppose Europe's proposed tax until all EU members support it.

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Bloomberg · Reuters · Trade News (U.K.), The

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