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Solo attempt as an infringement of regulation

Published: May 20, 2010; 00:00 · (Vindobona)

It sounds uneventful, also hardly known by relevant experts however contains explosive substance in the context of the debated transaction tax.

The "Directive on the indirect taxes on the accumulation of capital" of the EU also included the taxation of securities and will suppress constrictions of free capital movement and discrimination.

Before the revision of the rules two years ago there was an explicit reference to the EU-compatibility of the transaction tax. Now, there is only talk about a tax on the 'transfer' of…

This article includes a total of 445 words.

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