Financial Transaction Tax in the European Union

Abstract

This thesis will focus on a comprehensive review of all aspects of the Financial Transaction Tax established by the European Union. The efficiency of the financial markets is examined further, as is the possibility that this tax may lead to an increase in efficiency, as well as make a contribution that is both fair and substantial to the public finances of the participating countries' financial sectors. In this context, fundamental theoretical concepts, long-term positive benefits of the transaction tax, and downsides and limitations are examined.