For an EU national like the poster from Italy, the conditions are far less onerous. See economically self-sufficient persons. http://www.mxpmalta.com/ordinary-residence-permit-eueea-nationals
Thanks for correcting. I think the number I heard was for high net worth residence scheme. They pay a ticket but then far less on their income( 12%). Perhaps we should create an " where to escape from EU FTT?" thread instead of posting here...
Senior cabinet members at the French Ministry of Economy and Finance have said they will not rule out extending the countryâs Financial Transactions Tax (FTT) to some derivatives, and rejected criticism that the rules were extraterritorial.[...] http://mycooconnect.com/archives/51...ed-to-derivatives-says-senior-cabinet-members
âThe FTT will apply to financial institutions transacting French-issued shares anywhere in the world. This is similar to the UK stamp duty and financial institutions do not complain about being hit by that,â he said." This is from the link above. This must be wrong? Perhaps the journalist have it wrong, but the statement implies that UK has extraterritorial reach.
http://www.forbes.com /sites/leesheppard/2012/10/16/a-tax-to-kill-high-frequency-trading/ Nothing new, comment if you can be bothered.
"Leaving aside the question of whether anyone with investment capital is really middle class..." If that sick ideology doesn't just.........
Another one "likes" FTT and does not know why: http://seekingalpha.com/article/924...trading?source=email_stocks_and_sectors&ifp=0
I've written several anti-FTT blogs on Forbes and there are very few readers - around 1000. Forbes is not pro FTT although a few of their writers may support it. They have hundres of bloggers with no coordinated message. Serious tax talk in the US won't start until after the election.