Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Currency transaction tax and its conformity with the free movement of capital and monetary policy
Jönköping University, Jönköping International Business School, JIBS, Accounting and Law. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).ORCID iD: 0000-0001-8681-1389
2012 (English)In: Steuer und Wirtschaft, ISSN 0341-2954, Vol. 10, no 1Article in journal (Other academic) Published
Abstract [en]

Taxation of financial transactions and currency exchange has been discussed and debated by economists and politicians ever since John Keynes first called for a taxation of stock market transactions. The financial crisis 2008-2009 and the vast expansion of currency exchange markets have intensified discussion on introducing regulatory practice to the currency exchange in the EU. By imposing a currency transaction tax, even at a very low rate, large sums of money could be collected to supplement the EU budget, meet UN Millennium Goals, or create a common rescue fund for bailing out economies in financial distress. However, imposing a tax on currency exchange is not possible without taking the supranational legal body of the EU into consideration. This study takes an initial look at the legal aspects of implementing a currency transaction tax, namely: Is implementation of a currency transaction tax compatible with the free movement of capital and the ESCB’s exclusive right to set monetary policy in the Euro zone?

Place, publisher, year, edition, pages
2012. Vol. 10, no 1
Keywords [en]
currency transaction tax, EU, free movement of capital, monetary policy
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:hj:diva-16221OAI: oai:DiVA.org:hj-16221DiVA, id: diva2:444854
Available from: 2011-09-30 Created: 2011-09-30 Last updated: 2018-06-28Bibliographically approved

Open Access in DiVA

No full text in DiVA

Authority records BETA

Inwinkl, Petra

Search in DiVA

By author/editor
Inwinkl, Petra
By organisation
JIBS, Accounting and LawJIBS, Center for Family Enterprise and Ownership (CeFEO)
In the same journal
Steuer und Wirtschaft
Social Sciences

Search outside of DiVA

GoogleGoogle Scholar

urn-nbn

Altmetric score

urn-nbn
Total: 457 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf