FTT deemed a ‘coalition of the willing’ project

FTT deemed a ‘coalition of the willing’ project


Taxation Commissioner Algirdas Šemeta addressed the European Parliament's Economic and Monetary Affairs Committee on 20 March, strongly advocating in favour of the financial transaction tax (FTT).

Šemeta said that the model proposed by the European Commission was the only viable option and warned member states against any "B or C plans". The commissioner and MEPs also discussed the issue, which emerged last year when several EU countries started negotiating ta...


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