News Headline Summary

Italian government modifies financial transaction tax in latest budget bill, to levy 0.12% on share transactions from March 2013, 0.10% from 2014 according to a document

Says:
- Government plans 0.22% tax on over the counter share transactions from 2013, 0.2% from 2014.
- Government to exempt market makers, share transactions on companies with market capitalisation lower than EUR 500mln from transactions tax.

13 Dec 2012 - 11:17 - - Source: Newswires

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