Assessment warns about consequences of transaction tax

An official impact assessment shows that Europe's proposed tax on financial transactions would displace or eliminate most derivatives transactions. The European Commission outlined a plan to implement the tax despite concerns about the levy's effects on the economy and opposition from several EU nations.

View Full Article in:

Financial Times (tiered subscription model) · Financial Times (tiered subscription model) · Independent (London) (tiered subscription model), The · Google

Published in Brief: