Capital transfer tax
A transfer tax is a transaction tax , which is levied on sales of company shares.
In Germany, due to the capital transfer tax law one by the end of 1990 stock market tax and by the end of 1991, a capital duty levied.
In other countries there are still capital transfer taxes. The fiscal return on capital transfer taxes is low. These are so-called minor taxes .
In economics , taxes on capital movements are predominantly viewed critically, as these, as transaction costs, reduce the efficiency of the markets for securities and company investments.
