FTT

Oxfam condemns today’s decision by EU Finance Ministers to delay talks on a European Financial Transaction tax (FTT) until December. 

Over 50 leading financiers have expressed their support for a European Financial Transaction Tax (FTT) ahead of a meeting of Finance Ministers in Brussels next week. In an open letter to European leaders, the financiers argue the FTT will reduce financial instability and raise significant additional government revenue.

EU finance ministers still cannot agree on decisive elements of a European Financial Transaction Tax - a missed chance for a strong signal to the climate summit in Paris.

Finance Ministers from the 11 EU countries that agreed to implement a financial transactions tax again failed to strike a deal on the critical substance on the scope of the tax.

Today Finance Ministers from EU countries which agreed to implement a Financial Transaction Tax (FTT) this year reached a vague initial agreement without any critical substance on the scope of the

Progress by G20 Finance Ministers toward tackling the issue of multinational tax avoidance has been welcomed by Oxfam Australia Chief Executive Dr. Helen Szoke, though there is a need for more specifics on how and when low-income countries will benefit.

A leaked European Commission document dispels earlier warnings that the fin

Oxfam welcomed today’s vote by European Parliamentarians in support of a strong European Financial Transaction Tax (FTT) covering all instruments (shares, bonds and derivatives), as put forward by

Oxfam warned EU Finance Ministers, who hailed Europe’s success in meeting its Copenhagen climate finance commitments at a meeting in Brussels today, used clever accounting to make up the fi

Responding to the UK Government's decision to launch a legal challenge to plans for a European Financial Transaction Tax, Nicolas Mombrial, Oxfam EU policy adviser, said: