RHT Policy Library

Financial Sector Taxation

European Commission, 2010 Communication from the European Commission: Brussels

This report argues that the only way to achieve financial stability and financial integration in Europe is to move towards a European-level bank resolution framework that has both funding and intervention authority.

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The Tobin Tax - A Review of the Evidence

McCulloch N and Pacillo G, 2010 Institute of Development Studies

This report reviews the literature on how a Tobin Tax might be implemented, the amount of revenue that it might realistically produce, and the likely incidence of the tax.

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Financial Sector Taxes

Dolphin T, 2010 IPPR

Produced by the Institute for Public Policy Research (IPPR) this paper assesses the ability of the UK’s financial institutions to pay an additional £20 billion annually in tax revenues in order to provide funds that could be used to fight poverty and climate change.

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Financial Sector Taxation

The European Commission, 2010

In the context of a current financial crisis and need for fiscal consolidation, this paper analyses potential instruments to raise additional tax revenues from the financial sector.

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The Impact of the Global Financial Crisis on the Budgets of Low-Income Countries

Kyrili K and Martin M, 2010 Development Finance International and Oxfam

This report examines the impact of the global financial crisis on the budgets of low-income countries, especially their spending to reach the Millennium Development Goals.

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Globalizing Solidarity: The Case for Financial Levies

Leading Group on Innovative Financing for Development, 2010

This ground-breaking report was written by a Committee of Experts from 9 countries, including the UK, France, Germany and Japan.

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Financial Stability Report

Bank of England, 2010

The Financial Stability Report aims to identify key risks to UK financial stability and to stimulate debate on policies needed to manage and prepare for these risks.

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Symposium on the financial crisis and global economic governance

Third World Network, May 2010

This presentation for the UNCTAD Symposium on the financial crisis and global economic governance (Geneva, May 2010), focuses on:

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Risk, reward and responsibility - the financial sector and society

HM Treasury, December 2009

Following the 2008 financial crsis, questions were rasied regarding the balance of risks, rewards and responsibilities between society and the financial sector. In response, this paper looks at regulatory reform and efforts to improve financial institutions’ corporate governance and risk management.

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The Currency Transaction Tax: Rate and Revenue Estimates

Schmidt R, 2008

A report written by Professor Rodney Schmidt of the North-South Institute, Canada, and published by the United Nations University, 2008

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Meeting the Millennium Promise

Phil Thornton, 2007

Meeting the Millennium Promise is a report from the All Party Parliamentary Group for Debt, Aid and Trade. Since early 2007 the All Party Parliamentary Group for Debt, Aid and Trade has been taking evidence from a range of governments, NGOs, financial actors, academics and other stakeholders into possible innovative sources of finance to meet the Millennium Development Goals.

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Taking the Next Step: Implementing a Currency Transaction Development Levy

David Hillman, Sony Kapoor and Stephen Spratt, December 2006

This report, written by Stamp Out Poverty, was commissioned by the Norwegian Ministry of Foreign Affairs to inform the Third International Conference of the Leading Group on Innovative Finance for Development, in Oslo in February 2007.

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A Sterling Solution: Implementing a Stamp Duty on Sterling to Finance International Development

Spratt S, 2006 Intelligence Capital and Stamp Out Poverty

The report, written by City think-tank Intelligence Capital, details for the first time how the UK government can unilaterally implement a stamp duty on sterling currency transactions.

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A Euro Solution: Implementing a Stamp Duty on the euro to Finance International Development

Spratt S, 2006 Intelligence Capital and Stamp Out Poverty: London

This report written by City think-tank Intelligence Capital, shows for the first time how governments in the eurozone can implement a stamp duty on euro currency transactions to bridge the funding gap required to meet the Millennium Development Goals.

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Innovative Finance Mechanisms: comparing Aviation Tax and Currency Transaction Tax

Sony Kapoor, 2005

Former derivatives trader Sony Kapoor is a policy adviser with Stamp Out Poverty and author of the Currency Transaction Report. This paper compares the Aviation Tax proposition with the CTT.

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