Financial Transaction Tax (FTT): de gevolgen van de extraterritoriale werking voor Nederlandse financiële instellingen ; Financial Transaction Tax (FTT): consequences of the extraterritorial effect for Dutch financial institutions

On 14 February 2013, The European Commission (EC) has published a revised version of a proposal for a harmonised FTT system. The Netherlands does not participate. Nevertheless, Dutch financial institutions - and saving products and retiremet plans of these institutions - are affected with the proposed FTT. This is caused by the extraterritorial effect of the proposal. In this contribution the consequences of the extraterritorial effect are discussed.