Market leading insight for tax experts
View online issue

Lessons from the French FTT

This presents financial institutions with significant new challenges. What lessons can be learnt from the French experience?

On 1 August 2012 the new French FTT came into effect. In introducing the tax the French government chose to front-run the wider EU initiative and in the design of the regime has followed a model which more closely resembles UK SDRT than the model proposed by the EU Commission last year. Whilst Germany is still trying to adopt a more coordinated approach to the introduction of an FTT across EU Member States through the use of the enhanced co-operation procedure other countries appear to be looking to introduce an FTT on a unilateral basis in a similar manner to the French. Under draft proposals under discussion by the Spanish government Spain...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.