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Resolution adopted on the FTT

The European Parliament has adopted a legislative resolution on the Directive to implement enhanced co-operation in the area of financial transaction tax (FTT), amending the European Commission’s February proposal.  The amendments are in relation to the scope of the tax, tax rates and seeking to make evading the FTT far more expensive than paying it.  The Parliament has now instructed its President to forward its position to the Council, the Commission and the national parliaments.

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