Examples of Financial Transaction in a sentence
Furthermore, whilst we acknowledge the strength of public anger against the financial sector, and the widespread view that those who contributed to the current financial crisis should contribute to its costs, we fear that a Financial Transaction Tax is the wrong way to seek to meet such demands.
It is vital that the potential impact of a proposal with such significant implications as the Commission’s Financial Transaction Tax model should be calculated with more rigour and reliability.
Yet even if the case is made that such transactions should be discouraged, it is far from clear that a Financial Transaction Tax is the best way to achieve this.
Whilst we note that this model may hold certain advantages in comparison to a Financial Transaction Tax, notably making it more difficult for financial institutions to pass on the tax burden, it may also hold drawbacks, for instance in taxing all financial institutions’ activities regardless of how beneficial they are.
The Commission has set out a number of objectives behind its proposal for a Financial Transaction Tax.