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French Finance Minister to Propose Revisions to Financial Transactions Tax

|Proposed Changes|European Union-Austria-Belgium-Estonia-F ...
European Union-Austria-Belgium-Estonia-France-Germany-Greece-Italy-Portugal-Slovak Republic-Spain-Slovenia

The French Finance Minister Michel Sapin has released a revised proposal for the EU financial transactions tax (FTT), a tax supported by 11 EU Member States. The current proposal includes a 0.1% tax on the market price of shares, bonds, collective investment vehicle units, money market instruments, repurchase agreements, and securities lending transactions, and a 0.01% tax on the notional amoun…

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