I asked specifically about French equities traded in US as ADRs (should've been more specific), I don't have information on other instruments - it's best to ask IB or execute a trade and check if there were any related charges.
ECB executive board member Yves Mersch [...] signalled that the financial transaction tax may come with adverse consequences for financial markets in his speech, according to a copy provided by the ECB. Some eleven European Union countries have agreed to implement the tax on trades in stocks, bonds and derivatives. While Mr Mersch was careful to say that the ECB has taken a neutral view on the objectives of the measure, he mentioned that the tax may hamper market liquidity by encouraging banks to seek funding through the central bank, which isn't subject to the tax, instead of via markets. He added that it could also reduce liquidity in the market for government bonds, which would only increase market fragmentation. For those reasons, Mr Mersch called for an impact assessment on the effects of the tax, adding "some modifications in the current proposals merit consideration." http://online.wsj.com/article/BT-CO-20130506-706273.html
The FTTâs future hinges on Germanyâs election campaign http://www.efinancialnews.com/story...e-hinges-on-germany-election-campaign-comment
FTT to cost Dutch pension funds 'hundreds of millions', DNB warns http://www.ipe.com/guest/ftt-to-cost-dutch-pension-funds-hundreds-of-millions-dnb-warns_52077.php [...]During the technical discussions of the revised proposals, [the Dutch Finance Minister] vowed to demand compensation for non-participating countries' administration costs. He said he would also assess whether the tax proposal contravened the principle of free movement within the internal market, or competition among EU member states.
http://online.wsj.com/article/BT-CO-20130507-709701.html?mod=dist_smartbrief For sure there is no way to win against you... You are trying to make a UK Citizen buying a UK bond liable for a tax to France because he happened to buy it from SocGen on LIFFE...How does that respect ANY international law or just common sense?
http://www.finextra.com/Community/FullBlog.aspx?blogid=7675 http://news.sky.com/story/1088288/europe-business-group-steps-up-ftt-warning http://www.bloomberg.com/news/2013-...on-tax-could-undermine-industry-bba-says.html