
Multinationals Get Rich in Russia While EU Citizens Squeezed by Sanctions
According to a recent report by the Kyiv School of Economics, taxes on large foreign corporations paid for as much as one third of Russia’s 2025 military budget.
According to a recent report by the Kyiv School of Economics, taxes on large foreign corporations paid for as much as one third of Russia’s 2025 military budget.
Combined with elevated unemployment, a stagnant economy spells trouble for the Lithuanians. To drop a package of tax hikes into this mix is to play with fire.
The EU wants to levy its own taxes. Here is why that is a bad idea.
Ryanair responded to the penalty by pointing to EU law, which permits airfare pricing within the union “without interference from national governments.”
The Irish Data Protection Commission took the unprecedented decision to block all data transfers between Europe and the United States.
A minimum corporate tax rate of 15% was agreed.