On a recent trip to Hong Kong, a European Union tax commissioner sought to counter criticism of the planned financial transaction tax, but it's still not clear how the levy will be applied.
Tag : financial transaction tax
The Italian financial transaction tax is due for collection from tomorrow, but some smaller brokers in Hong Kong are still readying themselves, says Ernst & Young.
Under pressure from tighter regulations and shrinking trading volumes, broker-dealers say they need to reform their cash equity businesses to survive.
