Financial Transaction Tax: Can it be Sufficient Resource of EU Budget when Introduced through Enhanced Cooperation?

Nerudová, Danuše; Dvořáková, Veronika

doi:10.1016/s2212-5671(14)00367-0

Cited by 3 publications

(1 citation statement)

References 5 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Brussels, in particular, might find it important that an FTT could contribute to public finances (part of it could go to the EU budget). Thus, no less instructive for this research is literature that discusses the FTT as a possible future resource on which the EU budget can draw, 7 helping to power EU integration. It points to a conceivable link the EU proposal for a global FTT could have to what goes on in the European ‘domestic’ arena.…”

Section: Introductionmentioning

confidence: 99%

The European Union as a Global Actor: The Case of the Financial Transaction Tax

Strezhneva¹

2018

European Review

View full text Add to dashboard Cite

The EU plays a high-profile role in the international arena, and yet this role still evades accurate conceptualization. Since the EU is not a state, it is commonly accepted assui generis; a normative power influencing the world order mostly by means of direct and intermediary persuasion. Despite this position, in practice when championing the global normative agenda, the EU does not always demonstrate high efficiency as a leader. This article studies the EU’s efforts to push through regional and global versions of a financial transaction tax, meant to promote the common good through the positive externalities it generates for the economy. The aim of the article is to arrive at an adequate explanation for the (in)ability of the EU to act as an agent of global governance in this case. The focus of attention is the inner organizational limitations on the EU’s behaviour as a global actor.

show abstract

Section: Introductionmentioning

confidence: 99%

The European Union as a Global Actor: The Case of the Financial Transaction Tax

Strezhneva¹

2018

European Review

View full text Add to dashboard Cite

show abstract

Tax Planning in Bank Tax—Analysis of the Use of Treasury Bonds

Twarowska-Ratajczak

2019

Effective Investments on Capital Markets

View full text Add to dashboard Cite

Taxation of the financial sector: Is a bank levy the answer to the financial crisis?

Puławska

2021

J Bank Regul

View full text Add to dashboard Cite

To reduce the probability of financial crises, policymakers have introduced bank levies, whose application differs across countries. The problem in their use lies in identifying the most effective regulatory instruments to reduce risk. Our study might be of interest to various researchers and professionals, as we discuss the significance of research on bank levies with respect to theory and economic practice and then propose models of banking sector taxation and directions for future research. Moreover, this paper presents the history of taxation of the financial sector, the models introduced in different European countries, the advantages and disadvantages of each of the possible solutions, the results of studies on the impact of the new levy on the behavior of the financial sector and recommendations for how the levy should be structured.

show abstract

Financial Transaction Tax: Can it be Sufficient Resource of EU Budget when Introduced through Enhanced Cooperation?

Cited by 3 publications

References 5 publications

The European Union as a Global Actor: The Case of the Financial Transaction Tax

The European Union as a Global Actor: The Case of the Financial Transaction Tax

Tax Planning in Bank Tax—Analysis of the Use of Treasury Bonds

Taxation of the financial sector: Is a bank levy the answer to the financial crisis?

Contact Info

Product

Resources

About