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
Despite pushback from the United States delegation, finance ministers at a meeting of the G20 countries in Rio de Janeiro on Thursday agreed on the need to develop a global taxation system in which the richest in the world are taxed at a higher rate—potentially unlocking hundreds of billions of dollars annually to help close … Read more
Fact: The key to achieving entrepreneurial success lies in having the right information, from building the groundwork for your business to scaling operations, reaching new markets, and overcoming setbacks.
Globalization and liberalized international trade have negative effects on developing countries, but research shows that trade liberalization can actually improve tax collection in those countries. Trade liberalization can explain 17%-37% of the rise in effective capital tax rates in developing countries.