Traduction de «round transaction » (Anglais → Français) :

I. whereas the EU has imposed targeted sanctions on Syria in several rounds, and has further strengthened its arms embargo against Syria; whereas despite an EU embargo in force on weapons, munitions and other military equipments, as well as a ban on the export of monitoring technologies, several reported incidents involving arms shipments through EU waters and leaked details of business transactions between EU companies and various Syrian entities, groups and persons, covered by the EU’s sanctions, have indicated the EU’s internal i ...[+++]ncompetence to implement its own decisions and regulations;

The government expects that businesses will apply rounding for cash transactions in a fair and transparent manner.

In particular, one cannot simply mechanically apply a tax rate of, for instance, 0.01 percent to the total amount of financial market transactions in order to estimate potential revenues, without taking into account its potential impact on (i) the overall volume of transactions, (ii) the prices at which transactions are executed, and (iii) other second-round effects.

B. whereas the volume of foreign exchange trading has increased dramatically since the demise of Bretton Woods to around USD 1 500 billion a day, with 80% of all transactions involving round trips of 7 days or less and around 40% of 2 days or less, which clearly indicates the speculative nature of a big part of these transactions,

3. Proposes a 0.1% tax on all international currency transactions involving currencies of OECD countries, which would be equivalent to a mere 0.4% annual tax if the currency is changed around every six months, but amounting to a annual tax of around 10% for those 80% of foreign exchange transactions which involve round trips of 7 days or less;

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