Financial Services Tax Conference 2023

FSTC 2023 will offer a compelling and interactive programme, reviewing the most important developments and issues facing Heads of Tax in the Financial Services industry. It will feature influential speakers, from politicians and journalists to leading practitioners, academics, and thinkers. The week-long event will comprise of webinars, a conference and a networking event addressing a global audience on a range of industry issues.

On 9th October, our colleague Jürg Stalder will participate in an interesting panel discussion about Financial Transaction Tax (FTT).

Webinar | 9 October 2023 | Time: 14.00-15.00 BST

Since August 2012, France has levied 0.2% financial transaction tax (FTT) on the purchase of shares. Similarly, Italy introduced FTT in March 2013, and in Spain it was introduced in 2021. Hungary’s expanded scope FTT came into force on 1 July 2022.

On 10 May 2023, EU Parliament adopted a resolution calling for a EU-wide FTT. The FTT and UK’s SDRT represent a significant cost on financial transactions and the cost of non-compliance can be significant.

The detailed agenda of the webinars on 9-11 October and the physical conference on 12 October can be found here.