A nation's finances depend on tax and customs administration, so such administrations would seem to be inappropriate candidates for privatization. Nevertheless, some countries have experimented with privatization because their tax administrations have become centers of corruption and incompetence.
The only word to describe Friday’s job report is ugly. The private sector created only 118,000 new jobs in September, early estimates of job creation in July and August were lowered, average hourly earnings dropped a tiny bit, the...
The value of crude oil is usually set, for the purpose of both royalties and profit-based taxes, at the point of sale or delivery that is, the point at which ownership passes to a buyer in a sale and at...
The nation's money supply is closely linked to deficit spending by the Government. The money grows rapidly when the deficit in the government budget is large and grows slowly when the deficit is small or when surpluses occur. According to analysis...
Major changes in taxation generally require major change either in the political reality of a country or in its economic circumstances. In normal times a good tax reform one intended to raise more revenue in a more efficient and equitable...
The valuation of natural resource sales and gross revenues for the purpose of ad valorem royalties and profit-based taxes such as corporate income tax (CIT), resource rent tax (RRT), and production sharing raises a number of linked administrative issues: The...
Natural resource fiscal regimes often present special legal administration problems. Converting natural resource wealth into sustained economic development requires: - Good management to ensure efficient and effective exploitation; - Good tax design to ensure appropriate government revenue and adequate incentives...
In 2015, the annually fund of wage in Albania it was at 1.8 to 2.1 billion Euro, including the tax labour. Only 29% of that fund of wage belong to the minimum wage category. It is time that minimum wage...
In recent years, there has been growing interest in the role of minimum wages in improving the lives of low-paid workers, and also in rebalancing national economies. In China, coordinated minimum wage increases across provinces have been a key part...
The public debate on increasing, decreasing, or implementing a minimum wage is not unlike the mythological hydra of Lerna. Not long after the debate is temporarily settled in one country it rears its head in another.1 This regularity is suggestive...
