Europe is rarely as united on tax policy as the Commission would like it to be, but few issues are more divisive than the financial transaction tax (FTT). Salman Shaheen assesses the prospects of an EU-wide FTT, what it will mean for taxpayers and whether it remains the best option for making the financial sector pay for its role in the economic chaos.
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The OECD had previously missed a June 30 deadline to agree an MLC on amount A; in other news, UK corporation tax bills surged to a record high last year