Financial Transaction Tax: The Impacts and Arguments – A Literature Review

Financial Transaction Tax: The Impacts and Arguments – A Literature Review

With continuing uncertainty over the potential plans for the introduction of a multi-jurisdictional financial transaction tax in Europe, PWC has compiled a literature review distilling the main points from a large body of literature that has been generated to date on the European Commission’s proposal for a harmonised FTT.

The report offers an impartial view and provides an indication of the expected impact of the FTT across the financial services sector, as well as the spill-over effects beyond the EU-11 states. It includes key arguments for and against the EC’s proposal and the experiences of the implementation of several historical and contemporary national FTTs. The report was commissioned by a group of 27 trade associations, financial market organisations and business groups.

The executive summary of the report synthesises the key findings of the literature review in order to serve as a briefing note for policymakers and senior officials, who are being sent the report to assist in their decision making processes as the debate on the introduction of the FTT continues.

Link to: Financial Transaction Tax: The Impacts and Arguments – A Literature Review

Documents (1) for Financial Transaction Tax: The Impacts and Arguments – A Literature Review

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