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Pros and cons of a financial transaction tax

Pros and cons of a financial transaction tax

A tax on financial transactions is probably not the best way to curb speculation and find extra revenue to bail out failing banks, MEPs heard on Wednesday at a public hearing held by the EP Economic and Monetary Affairs Committee. Source : © European Parliament

Hedge funds: ideas for new legislation

Hedge funds: ideas for new legislation

Improving transparency and regulatory control of alternative investment funds, such as private equity and hedge funds, to reduce the risks involved, is the key aim of a report tabled in the Economic and Monetary Affairs Committee on Tuesday. Source : © European Parliament

Monetary exit strategies and systemic risk: MEPs hear experts

Monetary exit strategies and systemic risk: MEPs hear experts

EU co-ordination of exit strategies, links between the ECB and the European Systemic Risk Board and a possible ban on products that destabilise markets were the key issues raised by MEPs from the Economic and Monetary Affairs Committee and the Special Committee on Financial, Economic and Social Crisis at a hearing of experts on Tuesday. Source : © European Parliament

Should VAT be tax-deductible for company cars?

Should VAT be tax-deductible for company cars?

Companies in the EU Member States should possibly be allowed to deduct their input VAT for cars, laptops, mobile phones and other movable assets that form part of their business assets but first it has to be made clear what impact this would have on the internal market, said Members of the EP Economic and Monetary Affairs Committee on Tuesday. Source : © European Parliament