| Description |
1 online resource (52 pages) |
| Series |
IMF working paper ; WP/11/185 |
|
IMF working paper ; WP/11/185.
|
| Contents |
Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Exchange-Traded Instruments; A. Market Organization, Instruments, and Regulatory Environment; 1. Common Exchange-Traded Instruments; 1. The Operations of a Clearinghouse; B. Administrative Options and Their Feasibility; C. Compliance Risks and Risk Mitigation; 2. Sweden's Experience with an FTT during the 1980's; D. Summary Assessment; III. Over-The-Counter Instruments; A. Market Organization, Instruments, and Regulatory Environment; 2. Common Over-the-Counter Instruments; 3. Common Foreign Exchange Instruments |
|
B. Administrative Options and Their Feasibility3. Assessment Methods for the Swiss Stamp Transfer Tax; C. Compliance Risks and Risk Mitigation; D. Summary Assessment; IV. Foreign Exchange Instruments; A. Market Organization, Instruments, and Regulatory Environment; B. Administrative Options and Their Feasibility; 4. Settlement Methods for Foreign Exchange Transactions; C. Compliance Risks and Risk Mitigation; D. Summary Assessment; V. Conclusions; 1. The UK Stamp Tax: Detailed Collection Procedures; 2. The CLS Bank; References; Footnotes |
| Summary |
This paper considers how a tax on financial transactions could be applied to three broad and partially overlapping categories of financial instruments: (1) exchange-traded instruments; (2) over-the-counter instruments; and, (3) foreign exchange instruments. For each category, the paper examines the factors that would facilitate or complicate the administration of a financial transactions tax, the options for collecting the tax, the types of compliance risks that are likely to be encountered, and measures for mitigating these risks |
| Notes |
At head of title: Fiscal Affairs Department |
|
Title from PDF title page (IMF Web site, viewed September 13, 2011) |
|
"August 2011." |
| Bibliography |
Includes bibliographical references |
| Subject |
Financial instruments -- Taxation.
|
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Capital market -- Econometric models
|
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Capital market -- Econometric models
|
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Financial instruments -- Taxation
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. Fiscal Affairs Department, issuing body.
|
| ISBN |
1283558777 |
|
9781283558778 |
|
9781463900595 |
|
1463900597 |
|
