The European Commission has confirmed that a financial transactions tax (FTT) will be introduced as part of the financial structure for its political objectives in the next five years, the Multiannual Financial Framework (MFF). An FTT is planned to assist the Commission’s effort to become self-funding between 2014 and 2020.
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The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process