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Kickback Starts After France Introduces Unilateral Transaction Tax

Kickback Starts After France Introduces Unilateral Transaction Tax
1 Aug 2012

First published in Investment Europe, 2 August 2012
Follow-up published in Investment Europe,16 August 2012

Firms are already protesting at the introduction yesterday in France of a Financial Transactions Tax (FTT) which was double the rate originally proposed.

"The financial transaction tax is likely to spark a flurry of reaction from multinational financial services companies. Many will question why they should keep their trading operations in the country," according to a briefing note from global tax advisory firm Taxand.


Read our full Investment Europe media coverage and Investment Europe follow-up coverage
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 Investment Europe, 2 August 2012
Follow-up published in Investment Europe,16 August 2012

Taxand's Take

Taxand's Take Author