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German Finance Minister to Propose a Limited Financial Transactions Tax

|Proposed Changes|Germany-Austria-Belgium-France-Greece-Italy-Portugal-Slovak Republic-Slovenia-Spain
Germany-Austria-Belgium-France-Greece-Italy-Portugal-Slovak Republic-Slovenia-Spain

German Finance Minister Olaf Scholz is reportedly planning to propose a limited financial transactions tax (FTT) to the other EU Member States that have been taking part in FTT negotiations through an enhanced cooperation procedure. The FTT has been pursued by a number of EU Member States through the enhanced cooperation procedure following the European Council's inability to reach unanimity on an FTT proposal in 2012. The German proposal would include 0.2% FTT on the purchase of shares of pu…

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