fiscal-taxation

August 1, 2017

Ever Freer Union? Economic Freedom and the EU

By performing an econometric analysis on the Fraser Institute’s “Economic Freedom of the World: Annual Report 2015,” it is found that EU membership is positively associated with economic freedom.
July 27, 2017

Tax Freedom Day 2017

The purpose of this study is to compare the tax and social security burdens of individual employees earning typical salaries in each of the 28 member states of the European Union and, in doing so, to determine a “tax liberation day” — measuring how much of each year’s work is devoted to paying taxes — for workers in each country.
June 1, 2017

Spanish Tax Freedom Day

In 2017, the average Spaniard will have worked 178 days in order to fulfill their tax obligations. In other words, Tax Freedom Day, calculated annually by Think Tank Civismo, takes place on 28 June, one day ahead of last year’s.
May 1, 2017

Superindex

According to the latest IBL Super Index, the degree of internal divergence within Eurozone countries keeps increasing. This means that the gap between Eurozone periphery countries, such as – for example – Italy, and other comparable countries in the European Union is widening.
January 1, 2017

Balancing the Economy: the Hand of Government or the Invisible Hand?

The past record of industrial policy in the UK is a catalogue of waste and ineffectiveness. By the end of the 1970s it was widely accepted that the strategy of attempting to pick winners and promoting national champions was fundamentally flawed.
December 14, 2016

Personal Pensions in the European Union

The development of personal pensions at the national and cross-border levels is hindered by high compulsory payments to public pension funds, restrictions on the participation of the self-employed and the unemployed, rules governing access to retirement savings, taxation of retirement income and other national legal requirements.
June 16, 2016

The Invisible Effects of Commission Fee Caps

As of 9 June 2016, the new European rules on inter-bank commission fees for card-based payment transactions were fully enforced. The 751/2015 regulation has brought the necessary modifications since MasterCard changed its commission fees.