id="info"

Financial Sector Taxation

The global economic and financial crisis has created important needs for fiscal consolidation. This paper analyses potential instruments to raise additional tax revenues from the financial sector. It is organised as follows. The main goals driving this debate are: the use of taxation as a complement to regulation to correct for negative externalities stemming from the activities of the financial sector, which include the effects of excessive risk-taking; to ensure that the financial sector pays a fair and substantial contribution to public finances, in particular with regard to the economic and financial crisis; to raise funds in the context of the exit-strategy.

Provided by: European Commission Topic: CXO Date Added: Nov 2010 Format: PDF

Find By Topic