Tag: European financial transactions tax (FTT)

• Wednesday, April 24th 2013 - 23:29 UTC

  UK launches legal challenge against the EU financial transactions tax

  

  The UK government has launched a legal challenge against plans for a European financial transactions tax (FTT), according to the BBC. The FTT will be adopted by 11 EU states, but not by the UK and Ministers fear it could be imposed on UK firms trading with businesses based in one of the 11 states.