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Image header Agence Europe
Europe Daily Bulletin No. 11064
ECONOMY - FINANCE - BUSINESS / (ae) taxation

UK takes FTT mechanism to court

Brussels, 22/04/2014 (Agence Europe) - On Wednesday 30 April, the European Court of Justice will be ruling in case C-209/11 on the United Kingdom's request for the cancellation of Council of Ministers' decision of January 2013 (see EUROPE 10769) to allow eleven member states (Germany, Austria, Belgium, Spain, Estonia, France, Greece, Italy, Portugal, Slovenia and Slovakia) to use the “enhanced cooperation” mechanism to introduce a financial transactions tax (FTT) in their countries.

The...

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