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Financial Transactions Taxes

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  • Parthasarathi Shome

Abstract

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on stocks and derivatives, currency transactions, and tangible property. Most of the discussion centres on financial market issues to reflect the thrust of current discussion and debate. [Working Paper 254]. URL:[http://www.icrier.org/pdf/Working_Paper_254.pdf].

Suggested Citation

  • Parthasarathi Shome, 2011. "Financial Transactions Taxes," Working Papers id:3930, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:3930
    Note: Institutional Papers
    as

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    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=Document1184201190.441128.pdf&fcategory=Articles&AId=3930&fref=repec
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    References listed on IDEAS

    as
    1. Harald Hau, 2006. "The Role of Transaction Costs for Financial Volatility: Evidence from the Paris Bourse," Journal of the European Economic Association, MIT Press, vol. 4(4), pages 862-890, June.
    2. Dayanand Arora & Francis Xavier Rathinam, 2011. "OTC derivatives market in India: recent regulatory initiatives and open issues for market stability and development," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 4(2), pages 235-261, April.
    3. Badi Baltagi & Dong Li & Qi Li, 2006. "Transaction tax and stock market behavior: evidence from an emerging market," Empirical Economics, Springer, vol. 31(2), pages 393-408, June.
    4. Ratti, Ronald A. & Shome, Parthasarathi, 1977. "On a general equilibrium model of the incidence of the corporation tax under uncertainty," Journal of Public Economics, Elsevier, vol. 8(2), pages 233-238, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    stocks; currency transactions; G20; Capital Inflows; Derivatives; Economic Efficiency; Financial Assets; Fiscal Stimulus; Stock Market Transactions Costs; Taxes; Volatility; FTT;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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