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Europe Daily Bulletin No. 12387

11 December 2019
Contents Publication in full By article 19 / 34
ECONOMY - FINANCE - BUSINESS / Taxation
Germany presents a proposal for a final text on financial transaction tax
Brussels, 10/12/2019 (Agence Europe)

On Monday 9 December, German Finance Minister Olaf Scholz sent his European counterparts a proposal for a final text on the Financial Transaction Tax (FTT). The information, initially reported by the German newspaper Süddeutsche Zeitung, was confirmed on Tuesday 10 December, in a statement from the German Ministry of Finance.

The text maintains a model based on the French financial transaction tax, including the rate which is set at 0.2% and it is essentially due on the purchase and sale of...

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