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Image header Agence Europe
Europe Daily Bulletin No. 10832
Contents Publication in full By article 35 / 38
ECONOMY - FINANCE / (ae) taxation

Luxembourg backs UK stance on FTT

Brussels, 22/04/2013 (Agence Europe) - Opposition to and doubts about the practical details of the financial transactions tax (FTT) to be introduced by eleven EU countries through enhanced cooperation, is growing, even among its supporters.

Last week, the United Kingdom, the main opponent to the FTT in Europe, lodged an appeal with the European Court of Justice against the tax in the form designed by the European Commission for the eleven countries in question (see EUROPE 10786). It...

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