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Taxing Financial Transactions

SSRN Electronic Journal, 2013
Should financial transactions be taxed? The European Commission seems to think so. Cheered on by many economists, it presents the tax as a means to raise revenue, curb speculation and increase financial stability. This column argues that a financial transaction tax will meet none of these goals. Financial stability will not improve, and net revenue may
Terje Lensberg   +1 more
openaire   +1 more source

The financial transaction tax project

2017
This chapter analyses to what extent the EU's proposals to establish a financial transaction tax promote a fast track Europe in domains related to the core of the EU's internal market competences. It also analyses the potential risks and negative consequences such an approach may trigger.
Van Cleynenbreugel, Pieter   +1 more
openaire   +3 more sources

Financial Transaction Tax in Europe

EC Tax Review, 2021
Over the last two decades, the European Union (EU) and various European States have proposed or created several taxes aimed at increasing the overall tax burden to which the financial sector is currently subject. The interest in new taxable events and the need to regulate financial markets’ functioning are two powerful reasons that support the ...
openaire   +1 more source

2013 Italian Financial Transaction Tax

Finance and Capital Markets (formerly Derivatives & Financial Instruments), 2013
The authors review the newly introduced Italian financial transaction tax, which, in principle, affects all transactions in Italian equity instruments traded and settled as from 1 March 2013 and Italian equity derivatives traded as from 1 July 2013.
V. Salvadori di Wiesenhoff, R. Egori
openaire   +1 more source

Financial Transaction Taxes

2015
No subject is more certain to raise the hackles of traders in financial institutions than a financial transaction tax, however small. Measured for unleashing a torrent of abuse, it even edges out, in the City of London,, the question of continuing to be part of the European Union. The traditional banker’s response, something I initially bought into, is
openaire   +1 more source

Tax Treatment of Financial Market Transactions

Finance and Capital Markets (formerly Derivatives & Financial Instruments), 2016
The tax regime applicable to financial products traded on the Colombian stock market seeks to promote and foster the growth of that market through tax benefits. However, the lack of systematic rules gives rise to some interpretative issues involving risks for transactions.
J.M. Castro Arango   +2 more
openaire   +2 more sources

Transaction Taxes and Financial Market Equilibrium

The Journal of Business, 1998
The author explores the effects of trade-size dependent transaction taxes on market liquidity and information acquisition. Transaction taxes cause strategic informed traders to scale back their aggregate trading, which, surprisingly, causes both market liquidity and informed investor profits to decline in the level of the tax.
openaire   +1 more source

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