The fiscal burden of labor in the Federation of Bosnia and Herzegovina is one of the largest in Europe. Although living among the poorest countries on the continent, workers in Bosnia and Herzegovina pay a lot to a high tax wedge, which is over 40%.
A simplified tax system is one of the essential tools for supporting small and micro businesses and self-employment in Ukraine. Entrepreneurs who are using a simplified system pay a fixed amount of tax or a fixed percentage of income.
Taxes come in different forms and shapes. Regardless, they all have certain consequences. The discussion about what is the optimal size of the state, and which public expenditures are justified and beneficial never tires.
Bureaucratic burden is one of the most discussed and topical issues. No wonder! Whatever we may want or not, each one of us meets bureaucracy and administrative obstacles almost every day – in our jobs, businesses, or personal lives.
We have the pleasure to present you the seventh issue of the 4liberty.eu Review. This time, we focus on the issue of state-owned enterprises (SOEs) from the point of view of the Central and Eastern European states in an attempt to provide the broadest possible perspective.
Sharing and digital economies usually thrive together in happy symbiosis. Digitalization, easy access to the Internet, apps and smartphones made sharing behaviors easier, and provided a platform for buyers and sellers to find each other. The question of the digital and sharing economy is not a purely economic or legal one.
Regulation of the commercial business sphere by the government is a relatively hot topic these days. According to a new study by Coffey, McLaughlin and Peretto (2016), the current GDP of the US would be 25% higher if federal regulation had not increased since the 1980s.
The Commission’s recommendation is rather supportive towards the collaborative economy in general due to its innovativeness and potential to create jobs. A part of these suggestions is aimed at policy makers: “Absolute bans and quantitative restrictions of an activity normally constitute a measure of last resort”.
One of the key advantages of a sharing economy is that it brings such positive features of the Internet as the instant matching of supply and demand or the availability of information on every participant through the process of individual reviews and references into real everyday life.
The first sharing economy businesses appeared in Lithuania only a couple of years ago. Therefore, there is not enough economic data to evaluate how significant it has been to the Lithuanian economy. The sectors that the sharing economy business models emerge in are rather different and completely separated.