Search Results for: European countries
EU hits pause on US digital levy to focus on global corporate tax plan
July 13th, 2021
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S. administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of ...
Check out how expensive your country is
June 23rd, 2021
Eurostat, the statistical office of the European Union, has published a data visualisation in order to easily compare data on consumer price levels in the European Union in 2020. Is food cheaper in your country than in other Member ...
Europe plans new directive on corporate tax
June 16th, 2021
The European Commission plans to propose a new directive to ensure “uniform implementation across all European Union member states” of any deal on international rules for corporate taxation. The Government has previously suggested such rules could cost Ireland up ...
The ECB’s financial suttee
March 22nd, 2021
The European Commission is failing. Its response to Brexit and the pandemic, where it is now threatening emergency powers in order to secure vaccines is a latest throw of the political dice. Even before this development markets were getting ...
EU’s tax irregularities attract international attention
February 25th, 2021
Le Monde’s recent “OpenLux” revelations show that Luxembourg fails to act fairly within the European Union by offering low tax rates to corporates – underscoring the flaw of an unharmonised EU system, according to Jay Sanghrajka, partner at Price ...
Value of GDPR fines shows dramatic increase in 2020
February 3rd, 2021
European Union (EU) regulators have imposed General Data Protection Regulation (GDPR) fines of €272.5m (£242.6m/$330.5m) to date, €158.5m of them since 28 January 2020, in a sign that regulators are getting tougher on data privacy infringements as the regulation ...
Nordic region is currently the best suited to mine some Bitcoins
January 21st, 2021
The Nordic region, home of ancient Viking tribes, is recently termed once again as the best place to mine crypto-currencies. During this time of the year, the value of crypto-currency is almost tripled in its value and it seems ...
EU tax haven blacklist not catching worst offenders
December 30th, 2020
MEPs adopted a resolution setting out changes to be made to the system used to draw up the EU list of tax havens, which they deem is currently “confusing and ineffective”. Criterion to judge if a country’s tax system ...
Japan prepares for digital currency, in line with China and others
December 30th, 2020
Japan is gearing up its preparation for the issuance of digital currency in both the public and private sectors following swift moves by China and other countries to do the same. Virtual money issued by central banks around the ...
British pound plunges
December 22nd, 2020
Concerns about a new strain of coronavirus in the U.K. drove the British pound to its biggest loss since March, though the currency pared much of the loss after Prime Minister Boris Johnson made another offer to salvage Brexit ...
