Corporate taxation in Spain: analyzing efficiency and revenue potential – Humanities and Social Sciences Communications

Corporate taxation in Spain: analyzing efficiency and revenue potential - Humanities and Social Sciences Communications

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

How AI-driven ERP systems are transforming corporate tax departments – Thomson Reuters Institute

How AI-driven ERP systems are transforming corporate tax departments - Thomson Reuters Institute

Artificial intelligence and ERP systems are a critical way to optimize data management and streamline tax operations in corporate tax functions Corporate tax departments face many challenges in today’s complex and dynamic tax environment, having to deal with large volumes of data from various sources, ensure accuracy and consistency in tax reporting and compliance, and … Read more

Vietnam’s Draft CIT Law: Changes to Incentives and Tax Liability

Vietnam’s Draft CIT Law: Changes to Incentives and Tax Liability

Vietnam’s draft Corporate Income Tax (CIT) Law proposes changes to incentive eligibility, taxation on capital transfers by foreign investors, and aims to address limitations hindering integration with international best tax practices. Investors and businesses planning market entry or expansion should closely monitor the draft CIT law’s development and prepare for potential impacts on their strategies … Read more

Corporate Taxation in Ukraine: What do you need to know?

Corporate Taxation in Ukraine: What do you need to know?

Leaving Dentons Beijing Dacheng Law Offices, LLP (“大成”) is an independent law firm, and not a member or affiliate of Dentons. 大成 is a partnership law firm organized under the laws of the People’s Republic of China, and is Dentons’ Preferred Law Firm in China, with offices in more than 40 locations throughout China. Dentons … Read more

Which way to go with government offices

Which way to go with government offices

There is a lot of discussion about what is more beneficial to the taxpayer –  to build or rent government offices or even buy ready office buildings from the open market. Some uninformed reports blow up the rental payment issue out of all proportion in the sense that the government is spending €26 mln a … Read more

How corporate tax departments apply indirect tax technology

How corporate tax departments apply indirect tax technology

Businesses must innovate and adapt to the changing indirect tax landscape to stay competitive. Corporate tax departments are using technology increasingly as a strategic partner to address these issues. Insight on how indirect tax departments intend to use technology to transform their operations can be found in a recent study conducted by the Thomson Reuters … Read more

New app brings Paphos legend to life

New app brings Paphos legend to life

A new app called Myth of Aphrodite was unveiled by the Paphos Regional Tourism Board (Etap). The app covers the history of the goddess Aphrodite, including both well-known and lesser-known aspects. Users can enjoy scenes from Aphrodite’s life through augmented reality technology at seven locations associated with the myth. The app offers users a choice of languages, audio guided tours, navigation tips, video content, and the ability to take photos with the goddess. Paphos has invested in new technologies and innovative practices to compete effectively in global tourism.

Aristotle in the age of AI: When data breeds inequality

Aristotle in the age of AI: When data breeds inequality

Fact: Aristotle observed “There is nothing more unequal than the equal treatment of unequal things.”

A week before vote, some reforms still unclear

A week before vote, some reforms still unclear

The fact described in the text is that the interior minister is expected to issue decrees mandating that the final say on permits will rest with the technocrats in the district-level organizations, not the elected officials.

Multiple fires erupt in Limassol [PHOTOS]

Multiple fires erupt in Limassol [PHOTOS]

Firefighters in Limassol battled two separate blazes on Friday afternoon, one in Agios Sylas and the other in Choirokitia. The larger fire required four engines and three aircraft to combat, while strong winds hindered containment efforts. Ten fire engines from various districts, along with additional specialized vehicles and firefighting teams, responded to the emergencies.