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Image header Agence Europe
Europe Daily Bulletin No. 10449
GENERAL NEWS / (ae) eu/taxation

France and Germany back financial transaction tax

Brussels, 09/09/2011 (Agence Europe) - France and Germany submitted their proposals to the European Commission on Friday 9 September on putting in place a financial transaction tax. They want this tax to be applied to all transactions involving at least one European party, with “as low a rate as possible”.

In a letter to Commissioners Michel Barnier (Internal Market and Financial Services) and Algirdas Šemeta (Taxation), the French and German finance ministers, François Baroin and...

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