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News tagged with „Financial transaction tax“

  • 1 News

January 2012

11.01.2012 – ZEW (msc/ggr)

Financial Transaction Tax Would Be a Problematic Experiment

Prof. Dr. Michael Schröder, head of the Research Department "International Finance and Financial Management" at ZEW, comments on the introduction of a financial transaction tax which is currently under discussion: the introduction of a financial transaction tax (FTT) would reduce the volume of short-term trading activities at the capital markets involved and would lead to an increase of tax revenues. On the other hand, it would probably increase the price for corporate financing. A quick migration of financial transactions to trading centres which are not subject to the tax might be slowed down by the location principle proposed by the European Commission. read more


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