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About Draft on Financial Transaction Tax
[Nad návrhem daně z finančních transakcí]

Author

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  • Naďa Blahová

Abstract

Part of the representation of the European Union chose a tax on financial transactions from a range of possible tax burden on the financial market, which began to discuss in relating to the effects the financial crisis. The aim of the article was to deal with the financial transaction tax in the context of selected theorists view as well as representatives of practice. Furthermore, the article presents a range of possible approaches with the intention to focus on the solution chosen and its risks in detail. The objectives that its supporters connect with the application of tax are evaluated in the conclusion of the article. A financial transaction tax does not include stabilizing factors. On the contrary, due to its introduction can be expected to strengthen the elements of instability in selected countries of the European Union.

Suggested Citation

  • Naďa Blahová, 2013. "About Draft on Financial Transaction Tax [Nad návrhem daně z finančních transakcí]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2013(4), pages 45-54.
    • Handle: RePEc:prg:jnlcfu:v:2013:y:2013:i:4:id:351:p:45-54
    DOI: 10.18267/j.cfuc.351
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    References listed on IDEAS

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    1. Damette, Olivier, 2016. "Mixture Distribution Hypothesis And The Impact Of A Tobin Tax On Exchange Rate Volatility: A Reassessment," Macroeconomic Dynamics, Cambridge University Press, vol. 20(6), pages 1600-1622, September.
    2. Kerrigan, Arthur, 2010. "The elusiveness of neutrality – why is it so difficult to apply VAT to financial services?," MPRA Paper 22748, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Tax; Financial transactions; Financial sector; Daň; Finanční transakce; Finanční sektor;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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