Recent Articles

Trend of overall tax to GDP ratio in the EU, US and Japan

Trend of overall tax to GDP ratio in the EU, US and Japan

| May 22, 2012 | 0 Comments

  The internationally high tax rates of EU in relation to overall GDP are the result of the upward trends in tax burden during the 1970´s, the 1980´s and the first half of the 1990`s. The rapidly increasing tax burden of those decades are to a large degree the result of an aggressive upping of [...]

Continue Reading

UK rich pay minimum tax, 6 percent pay less than 10% tax

UK rich pay minimum tax, 6 percent pay less than 10% tax

| May 3, 2012 | 0 Comments

Six percent of brits, constituting the wealthiest part of the population have used tax reliefs to reduce their effective tax bills to less than 10 percent, according to the bittish finance ministry. Voices are now raised in Britain to “make the tax system fairer”. 3 percent of individuals earning GBP 1-5 million paid less than [...]

Continue Reading

European Corporate Tax Rates under pressure

European Corporate Tax Rates under pressure

| April 30, 2012 | 0 Comments

The European corporate tax rates have been under massive pressure since the year of 2000. The average tax rate of the European Union is currently situated at 23%, and the trend downwards is likely to continue, albeit not as significantly as before. Several European countries have hinted that new cuts in the corporate tax rates [...]

Continue Reading