Common system of financial transaction tax

This dossier concerns a proposed directive for a common system of financial transaction tax (FTT). The amendments debate the FTT's purpose of making the financial sector contribute to crisis costs and curbing risky activity, its scope (financial institutions, transactions, issuance and residence principles, minimum rates), and the use of revenue—as an EU own resource, for development aid and climate finance, or kept by national treasuries; several instead reject the proposal.