§ Adam PriceTo ask the Chancellor of the Exchequer what recent discussions he has had with his European colleagues on the Tobin tax; and if he will make a statement. [9849]
§ Mr. BoatengThe Tobin tax was discussed by European Finance Ministers during the 22 September informal ECOFIN meeting in Liege. Ministers agreed to further work into the economic implications and practical issues raised by the Tobin tax as part of a wider study into the challenges of globalisation.
§ Mr. ChallenTo ask the Chancellor of the Exchequer what recent representations he has received about the Tobin tax. [8750]
§ Mr. BoatengThe Treasury has received correspondence from the public and non-governmental organisations, as well as academic assessments of the Tobin tax, and there have been meetings with nongovernmental organisations and academics to discuss the issues.
The Tobin tax was also discussed by European Finance Ministers during the 22 September informal ECOFIN meeting in Liege. Ministers agreed to further work into the economic implications and practical issues raised by the Tobin tax as part of a wider study into the challenges of globalisation.