Perhaps one ray of light exists for taxpayers attempting to make sense of the United Kingdom's chaotic political backdrop - there won't after all be yet another "emergency" summer budget. Taxpayers have no doubt... Read Full Article »
Time and again countries are urged to reduce the tax burden on labor and transfer it to indirect taxes such as VATs and GSTs. But recent evidence suggests that the opposite might be happening... Read Full Article »
In the current political climate, with the financial crisis still fresh in the memory (even though the height of the crisis was almost a decade ago), political parties can almost certainly expect to gain some votes with proposals... Read Full Article »
The United Kingdom has been told by influential figures within the EU that it can't have its cake and eat it - in other words retain those aspects of EU membership that benefit the economy, like membership of the Single Market... Read Full Article »
For all the anticipation, last week's revelation by Prime Minister Theresa May that the UK is headed for a "hard Brexit" wasn't quite the seismic shock it perhaps should have been. People have had so long to ruminate on all the myriad... Read Full Article »
There has been a generally underwhelming response from businesses in France about the Government's long-trumpeted plans to install a 28 percent intermediate rate of corporate tax... Read Full Article »
To coin a British turn of phrase, it's all over bar the shouting. Or, to put it more accurately, there was lots of shouting, and now it's all over - until the shouting starts again. So Brexit it is, and given Europe's reaction to Britain's desire... Read Full Article »
I'm not a fan of social media. For me, it trivializes the huge advances that have been made in information and communication technology in recent times. As I mentioned last week, it's technology that we tend to take for granted... Read Full Article »
If the European Union put as much effort into making taxes more competitive as it does to enforcing those tax laws, surely it would be the most powerful economic area on the planet. But it hasnt. And while it is true that the EU economy is the largest in the world in nominal GDP terms, the recent economic travails of some of its constituent parts have exposed many of the failings of the European system. Read Full Article »
In a masterpiece of diplomacy, China's premier said last week that it was "open-minded" about the TPP (Trans-Pacific Partnership), which when you deconstruct it probably means that he is happy for Japan to wreck... Read Full Article »
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