The Institute for Applied Economic Research (Ipea), a federal public foundation linked to the Strategic Affairs Secretariat of the Presidency of the Federative Republic of Brazil, organised a seminar on taxes on international financial transactions in Brasilia on 10 and 11 June 2010.

The seminar was opened by Mr Marcio Pochmann, President of the Ipea and member of the Leading Group Committee of Experts, and was an opportunity to discuss various ongoing initiatives and assemble government representatives, NGOs and international institutions.

A presentation was given on the progress made by the experts responsible for examining the technical and legal feasibility of the various taxes on international financial transactions.

The participants did not fail to point out that taxes on international financial transactions had already been introduced in several countries, including Brazil.

Furthermore, the seminar also provided an opportunity to introduce the book written by Giorgio Schutte, Marcos Antônio Cintra and André Rego Viana on the taxation of international financial flows: Globalização para todos: Taxação solidária sobre os fluxos financeiros internacionais (Globalisation for all: Solidarity Tax on International Financial Flows).