Tax on financial transactions – Decision by the Council of the European Union (January 22, 2013)



The EU Economic and Financial Affairs Council yesterday approved the decision to engage in strengthened cooperation to introduce a tax on financial transactions.

France, which had, together with Germany, taken the initiative on this issue, welcomes this European Council decision which had gained broad support at the European Parliament in December.

It’s now up to the European Commission to present a proposal for a directive on the introduction of a tax on financial transactions. We hope this will take place as swiftly as possible. Our goal is to implement this tax as soon as possible.

Beyond the 11 countries that are participating in this initiative, we urge all our partners to join us.