FTT uncertainty continues to cloud the horizon for hedge funds

Taxing tax

tax-burden
FTT costs could stop hedge funds trading European markets

The European Union’s initiative to impose a financial transaction tax (FTT) has been widely condemned by the financial markets industry while politicians and officials cling to their belief the levy on all stocks, bonds and derivative transactions will rake in much-needed tax euros. While being implemented by only 11 EU eurozone members, its impact is set to be massive and potentially suicidal for some countries.

Among the 11 are France, Italy and Germany. Both France and Italy have already imple

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: