Reform, Deregulation, and Investment: How to Combat Romania’s Housing Crisis

Due to the severe housing crisis in Romania, the government should be putting efforts toward simplifying the property development process rather than maintaining the …

Only a Sith deals in absolutes: how to nudge the Taxonomy towards Light Side

Russia’s invasion of Ukraine has forced the European Union and its member states to substantially revise their energy policy in order to meet short-term …

The Day of Respect for the Taxpayer

On May 11, Lithuania celebrates The Day of Respect for the Taxpayers. On this occasion, the Lithuanian Free Market Institute (LFMI) stresses that a …

The Minimum Corporate Tax Directive and EU Challenges Today

At the end of 2021, the European Commission released a “Proposal for a council directive on ensuring a global minimum level of taxation for …

Will the 2020s be a good decade for classical liberals?

YES – says Alexander Hammond
It is unlikely that most people will be rampant classical liberals by 2030. Still, for the remainder of …

GAFAM tax: the hidden truth

The GAFAM, an acronym for US tech giants Google, Apple, Facebook, Amazon and Microsoft, are constantly – and wrongly – accused of not paying …

A Global Minimum Corporate Tax Won’t Come Without a Cost

What was once a pipedream in academic circles, a global minimum corporate tax might soon be a reality that could change the way the …

G7 deal on multinational tax fails to live up to the hype

The G7 agreement on new principles for taxing multinationals is not the ‘breakthrough’ that many are claiming. It probably will not make a lot …

The EU’s unwarranted attack on big tech

Amidst a global populist attack on “Big Tech”, the European Union has not just failed to resist, but has embraced unwarranted attacks on some …

International Tax Competitiveness Index

The International Tax Competitiveness Index (ITCI) seeks to measure the extent to which a country’s tax system adheres to two important aspects of tax …

No relocation without tax and regulatory relief

French inadequacies in the face of the COVID-19 crisis are giving rise to a fully fledged attack on globalisation. We are observing an increase …

Reducing Shadow Economies

Across Europe, shadow markets constitute a significant portion of the economy. According to some estimates an average of 16 percent of GDP in EU …

The Case Against Tech Taxes

This paper explains why additional taxes on the turnover of companies with a large digital presence would be disproportionate, discriminatory and damage the European …

Corporate Tax Out of Control

Do European companies pay their fair share of tax? Many companies headquartered in France, Germany, Italy and Spain show very low effective corporate tax …

Credit Day: improving appetite for fiscal responsibility

13 December marks Credit Day across the European Union. This is the day when, on average, European countries’ central governments exhaust their annual tax …

In Lithuania one in two would consider shadow activity in financial hardship

The shadow economy in Lithuania remains pervasive despite economic growth, and as many as one in two people would consider informal consumption and undeclared …

The Price Women Pay

Political classes on both sides of the Channel were waiting patiently for the end of the EU Parliament’s recess, and for Brexit negotiations to …

Robocalypse Now?

It is claimed that robots, algorithms and artificial intelligence are going to destroy jobs on an unprecedented scale. These developments, unlike past bouts of technical …

Sugar taxes have never worked anywhere

‘You can’t just point at things and tax them,’ said the singer Myleene Klass to Ed Miliband in a TV debate about the ‘mansion …

A Universal Basic Income (UBI): a price worth paying to cut regulations?

Suppose the government redistributed to every adult Briton a basic, unconditional income of £10,000 from tax revenues. Would aggregate employment levels a) rise, b) …

Supervising the Tech Giants

The rise of the ‘tech giants’ is, of course, a significant commercial threat to more traditional media, but it also raises some potentially important …

Tax Freedom Day 2017

The purpose of this study is to compare the tax and social security burdens of individual employees earning typical salaries in each of the …

Spanish Tax Freedom Day

In 2017, the average Spaniard will have worked 178 days in order to fulfill their tax obligations. In other words, Tax Freedom Day, calculated …

Marginal tax rates of high income earners — Interview with Jacob Lundberg

Being a commonly significant factor in workers’ decisions on hours and promotions, a country’s marginal tax rate indicates more than the mere proportion of …

The taxation of high-income earners: An international comparison

The effective marginal tax rate is the total tax on the last euro earned, taking into account income tax as well as social contributions …

Davos 2017: The forum’s turn to the disenfranchised

The rise of protectionism and populism around the globe shaped this year’s conversations at the World Economic Forum. Overlapping with Donald Trump’s inauguration, the …

Shadow economy is caused by bad government decisions, not “bad” people

Vytautas Žukauskas // 10.05.2016
Over the past year, the shadow economy in Lithuania has decreased from 27% to 26% of the GDP. This is …