Exploring The Role Of The Financial Transactions Tax And The Enlightenment To Our Country

In recent decades, the world’s financial markets continue to develop and thefollowing financial risks are becoming increasingly larger in scale. In thepost-financial crisis era, all countries in the world are searching financial tax policy toreduce speculative transactions. It is used to not only save short-term money marketcrisis, but also establish a long-term effective mechanism of management. Thefinancial transactions tax (FTT) is a method that many countries have alreadypracticed or are going to practice. Therefore, this paper mainly discusses the role ofFTT in the regulatory of speculative trading according to the experience of othercountries. Then we put forward the appropriate policy for our country.In the first part of the paper, it illustrates the background, significance, points ofinnovation, deficiencies and methods. Then it defines the concept, types andtheoretical basis of FTT. The third part is analyzing the policies and experiences inthree different countries and district, which is Brazil, the EU, Chile. The fourth part isanalyzing the FTT that China has already levied, then analyzing the business tax inthe field of finance. The fifth part is analyzing the method and the quantity, that hotmoney comes to China, then propose appropriate policy recommendations andinfluence that the FTT will result, if we will levy in the future.