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Elasticities of Financial Instruments, Profits and Remuneration

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  • Copenhagen Economics
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    Abstract

    The European Commission has asked Copenhagen Economics to undertake a study on the tax elasticity and semi-tax elasticity of various tax bases that could fall under the taxation of the financial sector. The study will be focused on bringing forward all empirical studies that have analysed how the financial sector responds to taxes. We look at responses in three broad areas: 1) their location, 2) their financial activities, and 3) their transactions.

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    File URL: http://ec.europa.eu/taxation_customs/resources/documents/taxation/gen_info/economic_analysis/tax_papers/taxation_paper_30_en.pdf
    File Function: final version, 2012
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    Bibliographic Info

    Paper provided by Directorate General Taxation and Customs Union, European Commission in its series Taxation Papers with number 30.

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    Length: 67 pages
    Date of creation: Dec 2011
    Date of revision:
    Handle: RePEc:tax:taxpap:0030

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    Web page: http://ec.europa.eu/taxation_customs/index_en.htm
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    Keywords: European Union; taxation; financial transaction tax; financial activities tax; financial institutions;

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