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View Full Version : EU Proposes $78 Billion-a-Year Financial Transaction Tax to Start in 2014 - Bloomberg



NewsWhore
09-28-2011, 10:20 AM
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EU Proposes $78 Billion-a-Year Financial Transaction Tax to Start in 2014 (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFOcCEK3zn0ZRns-GboNZjRiIm25g&url=http://www.bloomberg.com/news/2011-09-28/eu-proposes-78-billion-a-year-financial-transaction-tax-to-start-in-2014.html)
Bloomberg
Spot foreign-exchange trades would not be covered by the tax, while currency derivative contracts are included. Transactions with the European Central Bank and other central banks wouldn&#39;t be covered by the tax, according to the proposal. ...

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