| 24.01.2013 The new EU Financial Transaction Tax: why it seems set to impact financial institutions worldwide, and why legal challenges are likely |
| Bailey McCann, Opalesque New York: As Opalesque first reported yesterday, the European Commission, the EU's executive arm has resolved to use the "enhanced cooperation procedure" to implement an EU financial transaction tax (FTT) across France, Germany, and the nine other EU Member States that wish to do so. The resolution will make it easier for the European Commission to tax within the EU |