TITLE

Trade bodies slam EU's FTT as 'tax on family savings'

AUTHOR(S)
Dale, Samuel
PUB. DATE
May 2013
SOURCE
Money Marketing (Online Edition);5/23/2013, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on a warning by British Bankers' Association (BBA), EEF and Confederation of British Industry (CBI) that mortgage costs will be increased by the financial transaction tax levied by the European Union (EU). It is noted that a 0.1% tax on share and bond transactions will be introduced by EU countries on January 1, 2014.
ACCESSION #
88066736

 

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