On July 3, 2013, the European Parliament (EP) adopted its position on an EU Financial Transactions Tax (FTT) under enhanced cooperation. The EP approved the Commission’s proposal subject to certain proposed amendments.
Colm Rogers highlights the scope of changes from the initial framework for FTT in the EP proposals in the overview of the proposals which has been prepared by KPMG’s EU Tax Centre.
EU FTT 3 July 2013 (PDF, 70KB)
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