No end to ‘nightmare’ as trading tax rears its head again
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Derivatives

No end to ‘nightmare’ as trading tax rears its head again

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Talks over a European Financial Transaction Tax have been revived since 2014’s European elections. The tax is now being deliberated between 11 key EU member states. Although the scope of its coverage appears to have shrunk, the uncertainty may lead to unforeseen costs for derivatives market participants. Gabriel Suprise reports.

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