News In Brief

Ticker

Italy first to tax financial trade

03.09.13 @ 08:39

  1. By EUOBSERVER

Italy has introduced a new 0.02 percent tax on all stock market transactions lasting less than half a second, becoming the first country to tax high-frequency trading. The EU is still bickering over the issue, with a European Commission proposal backed by 11 eurozone countries.

Stay in touch

Making sense of the EU. To make sure you don't miss out, we offer different options for staying in touch.

  1. RSS