fiscal-taxation

September 3, 2025

Predictable Defeat for the EU in the Tax War Against Trump

The tax war between the US and the EU appears to be over. It was triggered by the EU’s minimum tax on, among other things, foreign subsidiaries whose parent companies do not pay at least 15% tax on their accounting profits.
June 6, 2025

Schuldenbremse: Taking the Foot Off the Brakes

In March, the incoming German coalition government led by Friedrich Merz from the right-leaning CDU/CSU – the Christian Democratic Union of Germany and the Christian Social Union based in Bavaria – worked with the SPD (Social Democratic Party) and the Greens to pass a historic legislative measure, loosening the stringent rules surrounding the country’s ‘debt brake’ constitutional amendment, known as the Schuldenbremse.
May 22, 2025

Europe’s Defence Spending Surge: Fiscal Flexibility or Budget Dodge?

Bulgaria and fifteen other member states have declared their intention to increase (in a coordinated manner) their defence spending without violating the new EU fiscal rules framework. Simply put, the budget deficit will be allowed to exceed 3 per cent of the GDP for the period 2025–2028 if it is allocated to additional military spending, whether in the form of investments or recurrent expenditures.
February 27, 2025

Europe’s Most and Least Business-Friendly Countries in 2024

Several competitiveness rankings assess factors such as law enforcement, infrastructure, and taxation law from a business perspective. However, they often lack accessible and practical explanations of how these factors impact the daily operations of small businesses.
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