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.

These include a Financial Transaction Tax (FTT) and the Financial Activities Tax (FAT). It addresses the advantages and drawbacks of each and concludes that both could be possible candidate.

Please download the Financial Sector Taxation document as a pdf (193KB).