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France Imposes Share Tax But UK Unlikely To Follow

France Imposes Share Tax But UK Unlikely To Follow
2 Aug 2012

First published in What Investment, 2 August 2012

A tax on financial transactions has come into force in France, prompting calls for its adoption in the UK too.

Known as the financial transactions tax (FTT), the move by French President Fran?ois Hollande will place a 0.2 per cent levy on share purchases ...

A briefing note from Taxand, a tax-advice firm, has already warned that in France 'many will question why they should keep their trading operations in the country'.

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Access Taxand's full media commentary on FTT

For further information please contact:
Abigail Tarren, COO
T. +44 (0)207715 5243
E. atarren@taxand.com

First published in What Investment, 2 August 2012

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