Gauthier Blanluet and Nicolas de Boynes Author “Premières réflexions autour de la taxe sur les transactions financières” in October Issue of Bulletin Joly Bourse

October 2012

In the October 2012 issue of Bulletin Joly Bourse, Messrs. Blanluet and de Boynes co-authored the article, “Premières réflexions autour de la taxe sur les transactions financières.” The article discusses the scope of France’s new tax on financial transactions which came into effect on August 1, as well as its shortcomings. The article specifically illustrates a number of problematic issues the tax raises when put into practice, and in particular, points out its incompatibility with the EU directive on indirect taxes (2008/7/EC).