UK Parliament / Open data

Financial Transaction Tax and Economic and Monetary Union

The Financial Secretary mentioned stamp duty. Stamp duty has an extra-territorial application, which he used as a reason for not introducing a financial transaction tax. Further to the point raised by my hon. Friend the Member for Nottingham East (Chris Leslie), may I ask why, following a G20 meeting in Pittsburgh back in 2009, the then shadow Chancellor supported the principle of a financial transaction tax, and why he is opposing it now while not coming up with an alternative?

Type
Proceeding contribution
Reference
564 c790 
Session
2013-14
Chamber / Committee
House of Commons chamber
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