In force since August 1, 2012, France's financial transactions tax generated a mere
EUR200m (USD269m) for the state between August and November last year, less than half the amount expected
(EUR530m). Taking into account December's transactions, for which the tax will be collected in January, the sum will reach an estimated EUR250m.
The government estimates that part of the revenue shortfall in 2012 (approximately EUR100m) is linked to a greater than anticipated
reduction in trading volumes, and believes that part of the shortfall is the result of an
overestimation of the volume of over-the-counter transactions.
Quelle: Ulrika Lomas, Tax-News.com, Brussels, 30 January 2013