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VERSION I Published: 27 July 2012 FRENCH FINANCIAL TRANSACTIONS TAX PROTOCOL 1. INTRODUCTION 1.1 This Protocol is published by the Association for Financial Markets in Europe (AFM). Its purpose is
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What is french financial transactions tax?
The French Financial Transactions Tax (FTT) is a tax on certain financial transactions that take place in France. It was introduced in 2012 with the aim of generating revenue and discouraging speculative trading.
Who is required to file french financial transactions tax?
Financial intermediaries, including banks, investment firms, and asset management companies, are required to file the French Financial Transactions Tax on behalf of their clients and account holders.
How to fill out french financial transactions tax?
To fill out the French Financial Transactions Tax, financial intermediaries must report the relevant transactions and calculate the tax owed. They can do this through electronic filing systems provided by the tax authorities.
What is the purpose of french financial transactions tax?
The purpose of the French Financial Transactions Tax is to generate revenue for the government and discourage speculative trading. It is also intended to promote stability and fairness in financial markets.
What information must be reported on french financial transactions tax?
The French Financial Transactions Tax requires reporting of specific transaction details, including the identification of the parties involved, the nature of the financial instrument, and the value of the transaction.
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