A business that aims to maximize profit, based on this logic, can take more debt than it would take in the absence of this incentive. This effect is generally labeled as debt bias. (more…)
The Albanian tax system, has not provided complete and consistent tax treatment to partnerships, but the income tax law in Albania mention the possibility of business organization in the status of partnership for corporate tax purposes. However, in Albania, a partnership...
Many analysts have expressed concerns about the compliance costs VAT imposes on small business. These concerns are legitimate. A recent study of Croatia, for example, found VAT compliance costs to average 31% of VAT revenues for businesses with fewer than six employees. Similar results have...
Current policies are not working Germany is now running both a budget surplus and a large current account surplus, thus providing none of the powerful locomotive potential it could provide to revive the Eurozone block. (more…)
Over time, various policy changes have made it easier for businesses to enjoy the benefits of corporate status without being subject to the corporate income tax. Reform should reflect the guiding principle that firms engaging in similar activities and enjoying similar...
