We assess the strengths and weaknesses of the tax system and formulate solutions. We emphasize that it is impossible to fundamentally reform a tax system that is entangled with concessions, privileges, and exemptions without returning to the fundamental principles of the tax system: efficiency, proportionality, neutrality, simplicity, transparency, and stability.
We have contributed to the recognition by the OECD and EU institutions of the need to simplify minimum profit tax rules. We seek to ensure that international tax competition is not replaced by a tax cartel of states.
Economists are frequently regarded as oracles of numbers and mathematics. However, economics is the study of human action measured in…
The European Union’s Directive which aims to establish a global minimum corporate income tax (CIT) of 15 per cent for…
On the eve of Taxpayers’ Day, the largest taxpayers were honored at a ceremony held at the Martynas Mažvydas National…
A global minimum tax model will reduce tax competition and put companies in a race for public subsidies. [caption id=”attachment_23091″…
The complexity of the advance payment of corporate income tax (CIT) creates administrative burdens for businesses and hinders the path…
Who should be taxed, how should they be taxed and what purpose should it serve? Questions as old as the…
Despite repeated requests from EU Member States to delay the European Commission’s proposed directive on an EU minimum corporate tax rate, on May 19, the European Parliament adopted an opinion which includes a…
By Elena Leontjeva, Ernestas Einoris and Aneta Vaine, Lithuanian Free Market Institute The European Union is debating a directive that…
(Unsplash nuotr.) At the end of 2021, the European Commission (the EC) released a “Proposal for…
Right before Christmas the European Commission (EC) presented a directive proposal targeting the profits of large multinational companies. The new…
Inflation is often referred to as a tax, imposed without parliamentary approval, without legislation and without considering the consequences. Today’s…
OECD corporate tax initiative and the forthcoming EU directive will change the mode of tax competition among countries. What will…
Thank you for subscribing!
