For many years at the level of leadership of a number of European Union states, the issue of introducing ultra -suffering operations implemented by traders on the stock exchange was very widely discussed. In many ways, the introduction of this kind of fees into the state treasury came across an open discontent of a wide segment of traders who warned that such measures could lead to a decrease in activity in the stock market.
Despite this kind of statement, at the end of August the Italian government announced a document that says. That all Italian traders will now be taxed 0.02 percent of the amount of each transaction in case of its completion or cancellation for a period of less than half a second. It is noteworthy that ultra -suffering operations are an extremely relevant source of income for most Italian bankers and traders, since all exchange operations are sold by them through special software products that are able to carry out several tens of thousands of operations in a computer system in one second. It is important to emphasize that operations will be taxed by Italian traders on any exchanges, with any type of securities.
It should be noted that in the same government document we are talking about levying fees with operations with financial derivatives formed on the basis of corporation shares. The fact is that endless inflating of derivative securities can lead to collapse and paralysis of the stock market. The risk of such negative trends doubles if it comes to derivatives, the basis for which are such objects of aggressive investment as promotions. In this light, the fees introduced by the Italian leadership will restrain the market for futures and options from overheating.
It is important to emphasize that Italy has become the first European state to officially introduce such measures in itself. At the same time, the governments are supported by the governments of another 11 EU states. At the same time, making appropriate changes to the tax legislation of Italy is planned this year. And if you plan to start investments in the PAMM account, you should not only learn about taxes on such activities in your country, but also read reviews about the PAMM investment and learn about existing risks.