Global Tax – The ‘To-Be’ Concept

With the global economic crisis looming large and countries structuring a calculated response towards the situation, propositions to levy taxes globally have come up in the market. This proposition have been referred the name of Global Tax that is to be levied in general over certain proposed categories.
The categories that have been listed for such tax propositions on a global basis are banks that define financial institutions in general, tax on selected international financial transactions that is referred to the type of Tobin-tax and for Carbon taxes that is referred for energy usage.