Haunted by State Aid
There are relatively strict and complex state aid rules applied across the developed world. In the EU database alone, there are no less than 33,000 such cases of reported or investigated state aid cases in the last 20 years.
taxation
Why Is It Necessary to Cut Taxes Now
In the current difficult situation, it is especially important for Georgia to choose a pragmatic way and not to be overwhelmed by emotions – this applies to health care measures as well as economic policy.
Taxing Taxes: Labor and Capital in CEE: 4liberty.eu Review No. 12 Now Available Online
We are pleased to present the twelfth issue of 4liberty.eu Review, titled “Taxing Taxation: Labor and Capital in CEE”. This time our primary focus is the taxation of labor and capital – from the cases of Poland and the Czech Republic, to Ukraine, Bulgaria, and Bosnia and Herzegovina.
REVIEW #12: Taxing Taxes: How to Tax Capital and Labor in CEE? [EDITORIAL]
Paying taxes does not need to (and should not!) be taxing. Quite the contrary – it must be clear, straightforward, effortless, and taxpayer-friendly. What every taxation system needs is thus sensible policymakers who would look at the state expenditures and think of the ways of improving the exiting system and tax collection mechanisms.
REVIEW #12: Meaning of Taxation: Effects of Various Taxes (Labor, Capital, Consumption) on the Economy
Taxation is an involuntary payment levied on various entities in order to finance the state budget1. Clearly, the tax burden is heavily influenced by the philosophy of the role of the state in the public life, as well as quantity and quality of public services rendered.
REVIEW #12: Slovakia Versus Carbon Taxes: A Serious Substitute for Existing Taxation or a New Tax Load?
The final effect of the carbon tax is determined by the way in which additional resources are handled. Every tax results in reallocation of scarce resources for purposes less desired by consumers. Not only do taxes diminish the utility of a consumer, but they also have a negative impact on economic growth.
REVIEW #12: Sectoral Banking Tax: Risks, Impacts, and Possible Consequences for the Czech Economy
Sectoral tax, i.e. higher taxation, which affects only selected sectors of the economy (such as banking, insurance, energy, telecommunications, or the information technology segment) is considered to be an effective tool for increasing state budget revenues.
REVIEW #12: Taxation on Consumption in the Czech Republic: Alcohol, Beer, and Wine
Currently, the Czech Republic does not have a separate capital gains tax for individuals or for corporations; capital gains are included in PIT and CIT. There are also a few cases in which capital gains are exempt, mainly pertaining to property.
REVIEW #12: Against the Flow: Can Bulgaria Survive Progressive Counter-Revolution in Labor Taxation?
During the late 1990s and most part of the 2000s, CEE countries reformed their tax systems with two key characteristics: reducing the relative burden of direct taxes and – probably more distinctly, at least for the rest of the developed economies – introduction of single personal income tax rates.
REVIEW #12: Tax Labor and Labor Will Leave: The Bosnian Example
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%.
