Financial Services: Taxation

(asked on 30th June 2014) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what assessment they have made of the eventual cost to HM Treasury of the European Union's proposed financial transaction tax should it be enforced in the United Kingdom.


Answered by
 Portrait
Lord Deighton
This question was answered on 10th July 2014

It is likely that any eventual FTT directive will be significantly different to, and narrower than, the current draft proposal. We will assess any revised proposal carefully against our concerns.

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