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 transactions tax. In part two of an exclusive interview, he discusses France’s decision to implement the tax unilaterally, looks at the problem of banks passing it on to customers and outlines the Commission’s timetable.
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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