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- Tobin Tax: What it is, How it Works, Examples - Investopedia
The Tobin tax is a tax levied on spot currency conversions, with the intention of disincentivizing short-term currency speculation, named after economist James Tobin
- Tobin Tax is levied on - Testbook. com
The correct answer is on foreign exchange transactions It is a proposed tax on Short-Term Currency Transactions A Tobin tax is designed to deter only speculative flows of hot money—money that moves regularly between financial markets in search of high short-term interest rates It is not meant to impact Long-Term Investments
- Tobin Tax in India: Objectives Background - Newscoop IAS
The Tobin Tax, also known as the currency transaction tax or the Tobin Levy, is a proposed tax on foreign exchange transactions The concept was initially put forth in the 1970s as a means to stabilize currency markets and generate revenue for international development initiatives
- What is the Tobin Tax? - BYJUS
A Tobin tax, which was suggested by the Nobel Memorial Prize in Economic Sciences Laureate economist James Tobin, was originally defined as a tax on all spot conversions of one currency into another The initial concept of the tax put a penalty on short-term financial ventures into another currency
- Tobin tax - Wikipedia
A Tobin tax was originally defined as a tax on all spot conversions of one currency into another It was suggested by James Tobin, an economist who won the Nobel Memorial Prize in Economic Sciences Tobin's tax was originally intended to penalize short-term financial round-trip excursions into another currency
- Tobin Tax – UPSC Economy Notes - edukemy. com
A Tobin Tax is a proposed tax on foreign exchange transactions, originally suggested by Nobel laureate economist James Tobin in the 1970s It aims to reduce currency speculation and stabilize financial markets by levying a small charge on every currency exchange transaction
- Tobin Tax - Definition, Pros Cons, Examples, History - WallStreetMojo
Tobin tax is generally levied on short-term currency transactions This levy controls the money that moves in financial markets in favor of high short-term interest rates During periods of global crisis, many countries have introduced these taxes to control short-term capital flows
- Tobin Tax: Implementation How does it Work with Examples - Personal Loans
A Tobin tax is a tax levied on international short-term capital flows Read on to know its scope, background, implementation, advantages and drawbacks
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