Germany Mulls European Union-Wide Stamp Tax to Win U.K. Support
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German Chancellor Angela Merkel may revise her call for a financial transaction tax by backing a U.K.-style, European Union-wide stamp duty on share purchases to lure Prime Minister David Cameron back into the European fold.
Germany sees adoption of a stamp duty as a means to win U.K. support for a levy that covers the whole EU, German Economy Minister Philipp Roesler said today in an advance copy of an interview with the Rheinische Post newspaper. Germany has a “special interest” in having Britain involved, he said.