The proposed EU corporate profits tax will either become a power tool against recalcitrant member states or the most unpredictable cost item in any corporation’s finances.
With a marginal burden of around 50% of gross income under Germany’s taxation and transfer system, people with middle incomes effectively end up with only half of every euro they earn, a study shows.
It is really very simple. You get what you incentivize, and with Viktor Orbán’s pro-family welfare policies in place, the Hungarian population is bound to see positive results.
A growing area of concern, according to the numbers released by the Organisation for Economic Cooperation and Development, is the number of people who are neither working nor studying.
The British economy has been largely unaffected by its exit from the European Union. That is not to say there will not be other repercussions; there is an ongoing debate about the future of the financial industry in London, with the implication that the British capital may lose its status as a global hub for the financial industry.
Once countries with costly governments have created a Berlin Wall around their high-tax jurisdictions, they will be free to collude on other taxes beyond the corporate income tax. Personal income taxes, wealth taxes, death taxes… there is no end to the imagination of a government that does not have to worry about tax competition.
There are numerous instances of international organizations, such as the OECD and the WHO, not asking for—and in some cases even suppressing—input from those with different opinions. Is this “cancel culture” among multilaterals?
We use cookies to enhance your browsing experience and to personalize the content and advertisements that you see on our website. AcceptDeclinePrivacy policy
