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Expert Analysis

The EU Proposal For Financial Transactions Tax

Law360, New York (February 15, 2012, 4:19 PM EST) -- On Sept. 28, 2011, the European Commission (EC) announced a proposal for a financial transactions tax (FTT)[1], a measure with a specific financial regulatory objective and revenue-raising goals. This measure has genuine potential to become law in the near future and would produce profound global impacts on financial transactions....

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