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MEPs back lower FTT on sovereign debt and pensions

18.06.13 @ 16:46

  1. By EUOBSERVER

MEPs on the parliament's economic affairs committee backed the latest proposal by the European Commission to create a financial transaction tax. However, MEPs, who have a consultative role, voted for trades in sovereign bonds and pension funds to be taxed at 0.05%, half the 0.1% standard rate until January 2017.

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