Financial Transaction Tax in Europe

Pub Date : 2021-07-01 DOI:10.54648/ecta2021017
G. Rodríguez
{"title":"Financial Transaction Tax in Europe","authors":"G. Rodríguez","doi":"10.54648/ecta2021017","DOIUrl":null,"url":null,"abstract":"Over the last two decades, the European Union (EU) and various European States have proposed or created several taxes aimed at increasing the overall tax burden to which the financial sector is currently subject. The interest in new taxable events and the need to regulate financial markets’ functioning are two powerful reasons that support the application of this type of tax.\n This article details both the European Commission’s Proposals for Directives on Financial Transaction Tax, and the related taxes currently in force in Europe. Evidence shows that the goal of harmonized taxation in this area is far from being achieved and that national decisions are based on two different models: a tax on the registration of certain transactions and a tax on financial transactions levied on the financial intermediaries involved in such transactions. \nThis article focuses on the comparative experience of European States in the adoption of this type of tax. This review will highlight the differences and similarities between different national taxes, and ultimately the possibilities of the EU’s Financial Transaction Tax Proposal becoming effective.\nTransaction Tax, Stamp Duty, European Commission’s Proposals, Harmonization, Financial Transactions, High, frequency Operations, Taxation Trends","PeriodicalId":0,"journal":{"name":"","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.54648/ecta2021017","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

Abstract

Over the last two decades, the European Union (EU) and various European States have proposed or created several taxes aimed at increasing the overall tax burden to which the financial sector is currently subject. The interest in new taxable events and the need to regulate financial markets’ functioning are two powerful reasons that support the application of this type of tax. This article details both the European Commission’s Proposals for Directives on Financial Transaction Tax, and the related taxes currently in force in Europe. Evidence shows that the goal of harmonized taxation in this area is far from being achieved and that national decisions are based on two different models: a tax on the registration of certain transactions and a tax on financial transactions levied on the financial intermediaries involved in such transactions. This article focuses on the comparative experience of European States in the adoption of this type of tax. This review will highlight the differences and similarities between different national taxes, and ultimately the possibilities of the EU’s Financial Transaction Tax Proposal becoming effective. Transaction Tax, Stamp Duty, European Commission’s Proposals, Harmonization, Financial Transactions, High, frequency Operations, Taxation Trends
分享
查看原文
欧洲金融交易税
在过去二十年中,欧洲联盟(欧盟)和欧洲各国提出或设立了一些税收,旨在增加金融部门目前的总体税收负担。对新的应税事件的兴趣和监管金融市场运作的必要性是支持这类税收应用的两个有力原因。本文详细介绍了欧盟委员会关于金融交易税指令的建议,以及目前在欧洲生效的相关税收。有证据表明,这一领域统一税收的目标远未实现,国家决策基于两种不同的模式:对某些交易的登记征税和对参与此类交易的金融中介机构征收的金融交易税。本文着重介绍欧洲国家在采用这类税收方面的比较经验。这项审查将强调不同国家税收之间的差异和相似性,并最终强调欧盟金融交易税提案生效的可能性。交易税、印花税、欧盟委员会提案、协调、金融交易、高频操作、税收趋势
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信