How to tax small businesses? In recent months, this question has become the centre of heated discussions in Ukraine. The main topic of the discussions is the future of the Simplified System of Taxation, Accounting and Reporting (or Simplified Tax System, STS), which may be reformed as part of the government’s tax reform.
Today, when we talk about increasing the export capacity of Ukraine, we can hear about the need to focus on exporting the high-tech products, products with high value added and a high level of processing – it seems very attractive because all of the above are important “export benchmarks” which should be strived for.
Monetary policy is one of the most important issues of our future in the EU. The event “Future of Money 3.0” will join unique personalities from the practical field of investing world and theoretical scholars and visionaries in the field of monetary policy at the same time.
About PLN 60 billion in spending and (in the beast case scenario) PLN 10 billion in extra revenue. PLN 40 billion of deficit. It seems that Poland can go broke within the forthcoming year. The question is whether Law and Justice (PiS) intends to sink the country or maybe Beata Szydło’s cabinet is designed to withdraw from the promises and fail so that Jarosław Kaczyński may step in and save the day?
A need for deregulation in Poland is recognized by the vast majority of both experts and politicians. Calls for deregulation echo in subsequent election campaigns, though to little effect. So why, despite a seemingly broad consensus, deregulation in Poland remains a problem?
The fact that an abundant welfare system and a loosely regulated market are operated by the same government does not give proof to their harmonious existence and a beneficial impact of their supposed fusion. The latter is practically impossible.
In considering the extent to which the state should be relied upon to promote social cohesion and virtue, one must keep in mind the potential associated pitfalls as well as the other possible means to accomplish the same desired ends.
The Centre for Economic and Market Analyses published a study about the shadow economy in the Czech Republic. The study deals with the theoretical aspects of shadow economy, methodology and definition, it includes international comparison, determination of driven factors as well as provides a further analysis of chosen industries.
Security is the biggest challenge for our economy. To counteract a similar challenge, Israel, for example, is entirely militarized, regardless of the fact that numerous international lobbyist groups assist it, including financially. A country facing such security challenges might have armed forces three or four times stronger than Georgia and a defense budget 10 times larger.
Soon after the outbreak of Volkswagen scandal, it was found out that not only Volkswagen, but also many other, and potentially, all car producers which release diesel cars have the same problem. Their management, who cheated their way around the strict emission limits, eats humble pie at the press conferences.
