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.
The UK House of Lords EU Subcommittee on Economic and Financial Affairs has declared that the financial transaction tax (FTT) could significantly damage the UK and the rest of the EU.
The lower house of the Australian Parliament has voted to repeal the carbon tax. But Prime Minister Tony Abbott will have a harder time getting his Bill through the Senate.
The dispute between the European Commission and France over the reduced VAT rate the country charges for e-books has been taken to the European Court of Justice (ECJ). Luxembourg is likely to be next.
Prime Minister Tony Abbott introduced a Bill into the Australian Parliament today to repeal the carbon tax. Business has welcomed the move, but it is unlikely to pass the Senate.
