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A financial transaction tax (FTT) is a levy on a specific type of financial transaction for a particular purpose. The tax has been most commonly associated with the financial sector for transactions involving intangible property rather than real property. It is not usually considered to include consumption taxes paid by consumers.
The European Union financial transaction tax (EU FTT) is a proposal made by the European Commission to introduce a financial transaction tax (FTT) within some of the member states of the European Union (EU). The proposed EU financial transaction tax would be separate from a bank levy, or a resolution levy, which some governments are proposing ...
The Robin Hood tax is a package of financial transaction taxes (FTT) proposed by a campaigning group of civil society non-governmental organizations (NGOs). Campaigners have suggested the tax could be implemented globally, regionally, or unilaterally by individual nations. Conceptually similar to the Tobin tax (which was proposed for foreign ...
The EU financial transaction tax (EU FTT) is a proposal made by the European Commission in September 2011 to introduce a financial transaction tax within the 27 member states of the European Union by 2014.
Taxation. A currency transaction tax is a tax placed on the use of currency for various types of transactions. The tax is associated with the financial sector and is a type of financial transaction tax, as opposed to a consumption tax paid by consumers, though the tax may be passed on by the financial institution to the customer.
A bank transaction tax is a tax levied on debit (and/or credit) entries on bank accounts. In 1989, at the Buenos Aires meetings of the International Institute of Public Finance, University of Wisconsin–Madison Professor of Economics Edgar L. Feige proposed extending the tax reform ideas of John Maynard Keynes, [1] James Tobin [2] and Lawrence ...
A financial transactions tax (FTT) – a tax on a broad range of financial instruments including stocks, bonds, currencies and derivatives. In November 2009, two months after the G20 Pittsburgh summit, G20 national Finance Ministers met in Scotland to address the financial crisis of 2007–08, but were unwilling to endorse the German proposal for a financial transactions tax:
Discussion of a global financial transaction tax (FTT) increased in the 2000s, especially after the late-2000s recession, and especially in Europe.In 2010, a coalition of 50 charities and other NGOs began advocating for what they labelled a Robin Hood tax, which would tax transactions of stocks, bonds and other financial securities.