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Asian firms "can contest FTT"

Min Ho
On a recent trip to Hong Kong, a European Union tax commissioner sought to counter criticism of the planned financial transaction tax, but it's still not clear how the levy will be applied.
Asian firms "can contest FTT"

Companies in Asia may be caught by the European Union’s proposed financial transaction tax (FTT), but it will be possible for them to seek an exemption, an EU tax commissioner said on a recent visit to Hong Kong.

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