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TRANSACTIONAL TAX


President Sarkozy of France is prepared to do ‘everything possible’ to get the G20 to move towards the adoption of a financial transaction tax, The Times reported ahead of this week’s G20 summit in Cannes.

The Chancellor has made it clear that he would support a ‘world financial transaction tax’ in principle, but claimed that an FTT operating only in Europe would result in the relocation of UK-based business to the United States.

Sarah Lane reviews the European Commission's proposals, identifying numerous stings in the tail

The financial sector is ‘under-taxed’ and an EU-wide financial transaction tax would ensure that it makes a fair contribution at a time of fiscal consolidation in the Member States, according to the European Commission.

The European Commission has launched a consultation on a set of policy options including a financial transactions tax and a financial activities tax.

Sara Luder discusses the proposed changes to the corporation tax on chargeable gains regime proposed for the next Finance Bill

Simon Groom provides a refresher guide to these two sets of anti-avoidance provisions which should be considered when a company is sold out of a capital gains group

Pete Miller on chargeable gains exit charges

Paul Morton on the tax issues of 2010 that matter, and what's ahead in 2011

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