The Complete List of Italian ADRs Subject to Financial Transactional Tax

Italy is one of the few countries that imposes a transaction tax for all financial transactions (FTT). This includes Italian ADRs trading on the US markets. The current FTT rate is 0.20% with a lower rate for certain transactions. This 20% rate will impact the overall return an investor earns on Italian ADRs. This tax is …

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FTSE Italy Index – Revenue by Geographic Region

Many of the large-cap Italian firms in some sectors generate a large portion of their revenues from markets abroad. This is similar to the UK market where the FTSE 100 firms are dependent on foreign countries than the local market. So Italian multi-nationals may offer opportunities for investors when politics and other issues lead to …

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The Top 10 Italian Companies By Market Cap 2016

The European Union may be plunged into crisis again with today’s developments in Italy. Following Brexit and the election of Trump in the US, the revolt against the establishment continues with Italians voting “no” in the referendum. The Italian Prime Minister Matteo Renzi has resigned following the heavy defeat in the referendum. From a BBC article: Sleepless …

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Some Reasons On Why The Italian Economy Remains Sluggish

Italy has a population of about 61.0 million and is predominantly Catholic. Despite being a member of the EU and generally considered as a wealthy, the country’s economy has been mostly stagnant in the past few years. While the country has a great history and culture,  in modern times Italy hasn’t kept pace with the rest of …

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