Manfred Bergmann, director for Indirect Taxation and Tax Administration at the European Commission, nicknamed Mr FTT in EU circles, is the man behind the EU’s proposed financial transaction tax. In an exclusive interview, he explains why critics are wrong to claim it will harm growth, why the UK has nothing to fear and why France decided to implement the tax unilaterally.
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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