Fiscal & Taxation Publications

September 6, 2018

Minimum Wage Regulation; It’s Complicated

Raising mandatory minimum wage might seem to be a simple policy that serves to increase wages for low-income earners. Politicians use this policy with good intentions to reduce poverty and inequality. Yet, it has serious drawbacks and creates unintended consequences.
June 6, 2018

Offshore Bet

The popular account of offshore financial centres as hotbeds of tax evasion is an outdated caricature that bears little resemblance to how OFCs operate. Our new report debunks a number of myths surrounding OFCs – or tax havens – and outlines the important economic function they play in a globalised world.
January 1, 2018

How the Municipal VAT Exemptions Promote Tax Increases in the EU

As a general rule, local governments are exempt from VAT in the EU. Thus, VAT is not payable on the tax-financed consumption of municipalities and other local governments, at least when the services are produced in-house.
December 12, 2017

Employment Flexibility Index 2018

Denmark, the UK, and Ireland are the leading countries in the 2018 edition of LFMI’s Employment Flexibility Index. Portugal, Luxembourg, and France are the most rigid labour markets within the EU28.