In this article (below), we learn that the European union might consider adopting this tax unilateraly “if a world-wide tax could not be agreed upon”.
I was just wondering in this case if (as an european resident) i will be able to open a forex account and trade in a country outside Europe such the US or others offshore spots ?
[I]“The European Parliament Wednesday proposed to collect financial transaction tax to curb excessive risk-taking of financial institutions and ensure the financial industry bears the damage of the financial crisis. The parliament adopted the resolution on financial transaction tax with 536 votes in favor, asking the European Commission to develop a plan for such a tax before the G20 summit in June. It further suggested that if a world-wide tax could not be agreed upon, the European Union should consider adopting it unilaterally. The resolution urged the European Council and the European Commission to look at how the tax could be used to help developing countries to combat climate change and contribute to the EU budget. However, members of parliament also stressed in the resolution that the tax must not harm the banking system’s ability to finance real economy investments and must not encourage the migration of capital. Algirdas Semeta, EU commissioner for taxation, said the Commission is considering such a tax but insisted that it is best tackled at global level to prevent capital flight. Source:Xinhua”[/I]