EU financial transaction tax

[maxima]

I was blocking this whole thing out for long.. time to get dirty. So what's the consequences for a private traders (trading US futures through US broker) .. if these clowns roll it out and uk stays in eu?

How much would it cost for 1 ES contract round trip?

Can it be avoided? Like supplying a Switzerland residential address to your US broker?

 

[maxima]

Seriously. Nobody knows anything here any more? Just blabbing about.. fine..

 

[babyjake1961]

No one's got a clue. A residential address somewhere else won't suffice, you will have to provide that country's ID for proof. With lunacies like NIRP and "helicopter money" flying around, I wouldn't be surprised with this tax. The underlying problem (a big one!) is that countries are governed by people who couldn't find a place for themselves in the private sector, so useless they were.

 

[donaldduke]

Seriously. Nobody knows anything here any more? Just blabbing about.. fine..

Ftt not happening anytime soon, ie within this current decade, not worth worrying about for now.

 

[piphoe]

Lead the way UK! Stop this tax!!