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Tax the world: EU’s controversial ‘Tobin’ tax might take effect in 2014

16.02.2013. | The controversial ‘Tobin’ tax on financial transactions which could raise over $40 billion a year has been agreed upon by 11 EU member states. The European Commission agreed a proposal for a financial transaction tax (FTT) to be introduced in eleven EU member states in 2014 despite wide spread opposition. The countries that......


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