• Revised Proposals for a European Union Financial Transactions Tax
  • March 14, 2013 | Author: Adam Ferguson Blakemore
  • Law Firm: Cadwalader, Wickersham & Taft LLP - London Office
  • This memorandum considers the revised proposal made by the European Commission for a European Council Directive on financial transaction tax (the “FTT”) to be introduced under the EU’s enhanced cooperation procedure by 11 participating Member States: Belgium, Germany, Estonia, Greece, Spain, France, Italy, Austria, Portugal, Slovenia and Slovakia (the “FTT-zone”).