Alive and Deadly – The European Financial Transaction Tax through Enhanced Cooperation: Current Progress

Journal
European Union
European Taxation 2014 (Volume 54), No. 7
The financial transaction tax has its issues: it is probably one of the few taxes that the European Union has been demanding as a response to the financial crisis. At the same time, it is a highly controversial tax. This article provides an overview of the latest developments, taking into account the lawsuit filed by the government of the United Kingdom, the Resolution of the European Parliament of 3 July 2013 and the view of the EU Council's legal services division.