Financial Services Financial Services

EU share tax plans under pressure as Austria threatens walkout

By Jack Schickler
  • 21 Jan 2020 06:23
  • 21 Jan 2020 06:23

A planned EU tax on share transactions could fail after Austria's new Finance Minister Gernot Blümel threatened to walk out of talks that have lumbered on for almost a decade. 

Proposals have strayed too far from an original 2011 proposal to tax derivatives, and would damage the real economy,

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