Difference between revisions of "en/Currency transaction tax"

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Latest revision as of 16:52, 8 November 2018

A currency transaction tax is a tax levied by a country that issues a currency on all the trades in that currency worldwide at very low rates e.g. 0.005 percent. This tax is proposed by a variety of movements, including ATTAC, the Tax Justice Movement, and other alter-globalization movements.

The currency transaction tax is considered the most likely form of the Tobin Tax to be effective in practice.

Source