UAE: Forth Best Tax Regime
In stark contrast to the prior post on the state of Russian tax administration, the same Big 4 accounting firm study has determined that the UAE has the forth best tax regime in the world. While debt obligations…
Russia: 103rd in Ease of Paying Taxes
The absence of strong constitutional safeguards and basic constitutional rights, including weak legislation in a number of critical areas (e.g. taxation being one significant area of weakness), continues to hinder economic reform in Russia. In a recent study…
Slovakia: Following Russia’s Lead
The Slovakian Parliament has pasted a new law that stipulates that any firm employing more than 500 employees which is important for the security of the state, protection of public health or operates in so-called network industries can…
Detroit Confidential: Government Policy May be Destructive to the Production of Goods
This Detroit News editorial focus on the generally unacknowledged, and perhaps unintended, consequence of government intervention, extending as far as putting domestic production at a competitive disadvantage. Current government economic rescue initiatives may not constitute “central planning” with…
South Africa: Why BEE is a Relative Success
The much lauded and at times controversial Black Economic Empowerment (“BEE”) program in South Africa is moving from the embryonic legislative phase to the more matured and evolving stage of observance and enforcement. Here is a fascinating article…
Controlled Foreign Company – Taxation Regimes in Selected Countries
A very thorough comparitive analysis of the Controlled Foreign Company taxation regimes of: Australia, France, Germany, Italy, Japan, Netherlands, New Zealand, Sweden, United Kingdom and the United States See Report – F34-3-5-2009E.pdf
Business Taxation in Western Canada: Settling for a Personal Best? The Western Canadian Economy in the International Arena
This paper examines the competitiveness of the business tax regimes in Canada’s four western provinces. The discussion focuses on the tax burden imposed on investment, as measured by the marginal effective tax rate (METR) on capital. business_taxation_western_can.pdf