using engineering terminology, the Government approved the "photo finish" (dated December 28, 2007) the abolition of tax on contracts as required by MiFID, as has already been largely developed on this blog the presence of such a charge to override the "spirit" of the MiFID in fact created a different treatment of contracts on the same title on regulated markets (free of charge) and treated in other markets (internalization / mtf) was included where such taxation. The "lucky" if we want to call it that, is that at present there are very few locations where (see www.cesr.com - internalized and mtf list) are listed alternately Italian shares (listed on the Italian Stock Exchange) and the case is therefore virtually non-existent. It remains the view that in two months (starting November 1 of MiFID ) has nevertheless experienced a paradoxical situation in terms of law and not to "blame" or investors, or speculators or banks and a modest reduction in tax revenue than in the past (about 2.7 million euro).
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