Abstract This paper offers a comprehensive analysis of Spain’s corporate tax system through the lens of the Laffer curve and Buoyancy index, assessing its efficiency in generating revenue. The study finds that Spain is nearing the Laffer curve’s optimal tax rate, beyond which tax revenue may decrease with rate hikes. The Buoyancy index reveals a … Read more
Palm Beach PostShow Caption Hide Caption West Palm Beach downtown office towers, real estate developmentNew office towers in downtown West Palm Beach, or already completed ones, such as 360 Rosemary, have lured about 100 firms since 2019 to Palm Beach County.Greg Lovett, Palm Beach PostPalm Beach County voters face a local ballot question that will … Read more
About 20 of the highest grossing businesses — including large medical care providers, big box retailers and some contractors — would’ve seen their taxes increase to $100,000 or more. For example, a medical office whose gross receipts total $167.6 million annually would have paid $586,500, under the proposal, a more than 19,000% jump, according to … Read more
The presidential race is unpredictable, but the legislative conversation in 2025 for the eventual winner is actually already determined. Nearly all of the Trump tax cuts affecting individual filers expire at the end of that year, as well as enhanced subsidies for Affordable Care Act exchanges. As I was told back in April, the near-term … Read more
JetBlue Airways is suing the state of Florida for overcharging the airline by more than $631,630 in corporate income tax, according to its complaint that was filed in Leon County.The complaint, filed July 19 in Leon Circuit Civil court, says the airline contested the “entire amount of the additional corporate income tax for the years … Read more
The pound could hit a peak of $1.40 by March next year, bolstered by a more promising economic outlook and the prospects of political stability, according to the CEO of a leading financial advisory and fintech. The bullish prediction from deVere Group’s Nigel Green comes as major financial institutions rush into the UK’s currency, which … Read more
(The Center Square) — Several tax changes took effect on Monday, the start of fiscal 2025, including a decrease in Georgia’s personal and corporate income tax rates. House Bill 1015 lowers Georgia’s personal income tax rate to 5.39% from 5.49%, while HB 1023 sets the corporate income tax rate — previously 5.75% — to the same level as … Read more
Arkansas Economic Development Commission executive director Clint O’Neal says the push to lower Arkansas’ top personal income tax rate below four percent as well as drop the corporate income tax rate will open the door for more business to come to the state. Gov. Sarah Sanders is calling the Arkansas General Assembly into session Monday … Read more
ANCHORAGE, Alaska (KTUU) – A coalition of Anchorage business leaders led by the Anchorage Economic Development Corporation announced the launch of Project Anchorage, an initiative that includes a year-round 3% sales tax.AEDC President Jenna Wright said the initiative would primarily lower property taxes for Anchorage residents and would also spur other economic activity.“Two-thirds of this … Read more
The illegal construction of a church in the Natura 2000 Network in Cape Greco, despite the reaction of relevant government departments, shows that the violation of environmental legislation is deeply rooted in corruption.