Brussels, 10/09/2013 (Agence Europe) - A report by the EU Council of Ministers' legal department on 6 September, seen by this newsletter, says that the draft directive to introduce a financial transactions tax (FTT) in eleven countries of the EU by means of enhanced cooperation goes beyond the member states' powers in the field of taxation under international law, is incompatible with the EU treaty because it infringes the fiscal powers of non-participating countries and is liable to distort...