June 04, 2013 BY Gerald Segal

Europe scaleback of Financial Transactions tax – bad for the FX / CFD sector?

European governments likely to drastically cut the Financial Transactions Tax and delay its full rollout. As first reported by CFTCLaw.com.... Reuters is indicating that European countries placing a tax on financial transactions are set to drastically scale back the tax by as much as 90%, to just 0.01% of the value of a trade, from 0.1% in…

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