Oireachtas Joint and Select Committees
Wednesday, 2 October 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Financial Transaction Tax: Discussion with Department of Finance
3:55 pm
Ms Brenda McVeigh:
As I understand it, the answer is essentially "No". It is mostly based on listed shares at the moment. France has indicated its intention to adopt an FTT in respect of high-frequency trading, derivatives, repos and so on. The Italians have already done so, but we do not know the yield from it. Media reports are indicating the yield has dropped, but we do not yet have the quantities.
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