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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 ...
t. e. Section 409A of the United States Internal Revenue Code regulates nonqualified deferred compensation paid by a "service recipient" to a "service provider" by generally imposing a 20% excise tax when certain design or operational rules contained in the section are violated. Service recipients are generally employers, but those who hire ...
A financial transactions tax is exactly what it sounds like -- a tax levied on each transaction an investor makes in the financial markets. The U.S. does not have a significant financial ...
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.
The Automated Payment Transaction (APT) tax is a small, uniform tax on all economic transactions, which would involve simplification, base broadening, reductions in marginal tax rates, the elimination of tax and information returns and the automatic collection of tax revenues at the payment source. This proposal is to replace all United States ...
Taxation in Greece is based on the direct and indirect systems. The total tax revenue in 2017 was €47.56 billion from which €20.62 billion came from direct taxes and €26.94 billion from indirect taxes. The total tax revenue represented 39.4% of GDP in 2017. [1] Taxes in Greece are collected by the Independent Authority for Public Revenue ...
Universal Tariffs. During his first term, Trump followed through on his campaign promise to impose stiff protectionist and retaliatory tariffs on China — but he didn’t stop there. According to ...