Department of Finance seeks clarity on EU transaction tax

The Department of Finance is seeking clarification on the European Commission's position on the proposed financial transaction tax (FTT).

Barry J Whyte

Chief Feature Writer @whytebarry
14th September, 2013

The Department of Finance is seeking clarification on the European Commission's position on the proposed financial transaction tax (FTT), after EU lawyers said the plan was illegal.

Department officials last week asked the presidency, which is held by Lithuania, if the Commission could indicate its views on the Council Legal Service opinion that the FTT "exceeds members states' jurisdiction".

The tax looks likely to be shelved after the ruling, which said the proposal would unduly...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago