Tobin Tax

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Tobin Tax

The Tobin Tax is a levy on financial transactions, in force in Italy since 2013. It has a tax rate of 0.2%, reduced to 0.1% in the case of transfers that take place on regulated markets; this taxation applies to the value of the transaction, unless it has a zero balance on the same day. Transactions on regulated markets involving shares in companies with capitalization of less than 500 million euros are excluded from the tax (a special list is published every year-end).

The module allows you to have for your portfolio the amount of taxation of the individual financial instrument, together with the start and end date. The same module is also available for France an Spain.