EU 11 mull narrower FTT
17 December 2013
Salman Shaheen - ITR
The 11 EU member states looking to adopt a financial transaction tax (FTT) have discussed proposals for a narrower version of the tax to get it past stalled negotiations.
Lithuania has proposed that the
11 EU countries which want to bring in an FTT should consider
narrowing the tax's scope so that countries can progress beyond
their current deadlock.
Meeting in Brussels last week to
consider Lithuania's proposals, the countries discussed
exempting repurchase agreements (repos) from the FTT.
"There is concern that the application of the FTT to
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