The Belgian government proposed an hilarious tax two months ago. Short term profits will be taxed (33%) for retail investors. Losses aren’t taken into account. The idea is the capital markets are bad, just like smoking or alcohol. Slowly, details emerge. All exchange traded instruments are assumed to be within the scope of the tax.Read more
The financial transaction tax is a fine way to hurt the economy as a whole and eliminate trading. Volumes will be erased. Never thought it to be likely to come into effect in reality, but I underestimated French stupidity. Here‘s the official plan. Four pages in French about taxes, not my cup of tea. InRead more
Not really an expert when it comes to French taxes. That’s okay as long as the only link is the tiny tourist tax. However, if you’re involved in trading French over-the-counter stocks and derivatives – you should take the time to figure out what’s happening at the moment. See, there is this stamp duty taxRead more
