taxation

July 1, 2016

Radical, but Not Equal: Assessing Corporate Tax Reforms

A tax on turnover would tax profitable and loss-making firms equally, potentially posing an insurmountable hurdle to struggling firms, and eliminating the tax benefit of normally beneficial capital expenditure.
November 23, 2015

Corporate Taxation Slows Down Economic Recovery in France

In its latest study (in English and French), the Institut Économique Molinari shows that corporate taxation continues to slow down economic recovery in France despite the CICE, a tax credit meant to encourage competitiveness and employment.
November 20, 2015

Governments Should Undertake Their Own Corporate Tax Inversions

The U.S. Treasury has announced measures to prevent American companies from merging with foreign firms and shifting their tax domicile in the process, a practice known as a tax inversion (where the primary aim of the shift is to lower the merged firms’ tax liability).
November 5, 2015

Spain’s Unemployment Problem – A Taxing Issue

One of the consequences of the Eurozone crisis has been to popularise the extremely high levels of unemployment now prevalent in Greece and Spain. With around a quarter of the active labour force out of a job, including close to 50 per cent of those 25 or younger, these two countries are indeed outliers in a continent whose average unemployment rate is itself higher than elsewhere in the world.
November 4, 2015

The Key Measure in the Greek Crisis Is Political Capital

The Greek crisis has cost taxpayers across Europe hundreds of billions of euros, compounded a huge recession which has plunged the country into vast unemployment and strangled the Greek private sector by burdening it with incredible amounts of taxation.