The proposed Financial Transaction Tax (FTT) would negatively impact the European Union’s GDP, according to a recent review report from PwC.
![Financial Transaction Tax Could Impact EU's GDP Financial Transaction Tax Could Impact EU's GDP](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
Pricewaterhouse Coopers LLP has been commissioned by Futures and Options Association to produce an independent literature review of FTT. In its review report, PwC points out households and non-financial businesses could also be impacted by the proposed FTT.
EU-11’s Financial transaction tax proposal
European Commission tabled an initial proposal in 2011 for implementing a harmonized Financial Transaction Tax...
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