The technicians and financial consultants of the newly formed Ifma (Italian financial market advisor) yes met yesterday with Treasury Ministry technicians to formulate their proposal on the Tobin Tax, whose process is nearing completion, given that the Financial Transaction Tax should pass the Senate by next week.
And again yesterday, the Government reserved the possibility of presenting its own proposal to the Senate, which could modify the text already drawn up on the French model. We are moving in the direction of a tax that is not limited to the end-of-day balance only, but is applied to every transaction, including derivatives and non-regulated markets, on Italian and foreign intermediaries.
