All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

E.C. Proposes Transaction Tax

The European Commission has proposed the so-called Tobin tax on financial transactions, including a 0.01% levy on derivatives, which is expected to generate EUR30 billion (USD40 billion) to EUR35 billion in revenue per year.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree