This year Credit Day for the European Union falls on the 17th of December. This is the day which, on average, EU member states have spent their tax-based revenues and start borrowing to meet their needs.
Production taxes in France have long been a contentious issue closely linked to employment and wage growth. France currently sets one of the highest levels of production taxes in the EU, which can be seen as an example of the government’s habitual over-taxation.
The latest International Tax Competitiveness Index, published by the Tax Foundation, illustrates the wide variation in the quality of tax systems across Europe.
The pandemic has not only had a disproportionate effect on youth employment as young people were more than twice as likely to lose their jobs compared to older employees.
The Italian government has recently presented the RRP (Recovery and Resilience Plan) to Parliament. On 30 April, it was sent to Brussels for initial evaluations.
The world has become a much better place in recent decades when it comes to poverty and prosperity: extreme poverty has been significantly reduced and prosperity has increased.
The GAFAM, an acronym for US tech giants Google, Apple, Facebook, Amazon and Microsoft, are constantly – and wrongly – accused of not paying their taxes.