Tag #Tax Competition

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fr.euronews.com

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Sep 1, 16:13

France-Italy Diplomatic Row over Tax Policies

French Prime Minister François Bayrou accused Italy of "fiscal dumping," prompting a strong rebuke from Italian Prime Minister Giorgia Meloni, who called the claims "unfounded" and defended Italy's economic stability.

France-Italy Diplomatic Row over Tax Policies

French Prime Minister François Bayrou accused Italy of "fiscal dumping," prompting a strong rebuke from Italian Prime Minister Giorgia Meloni, who called the claims "unfounded" and defended Italy's economic stability.

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What prompted the recent diplomatic dispute between France and Italy?

French Prime Minister François Bayrou's accusation that Italy practices "fiscal dumping" to attract wealthy foreign taxpayers, coupled with his opposition to a wealth tax, triggered a sharp response from the Italian government, who deemed these claims unfounded.

elpais.com

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May 6, 10:12

Global Minimum Tax Shifts Focus to Tax Base Reduction

A new global minimum 15% corporate tax, agreed upon by over 130 countries, aims to stop the race to the bottom in corporate tax rates; however, the EU's Fiscal Observatory study shows this may shift competition towards tax base reduction incentives instead, as evidenced by a 2.7 percentage point dec...

Global Minimum Tax Shifts Focus to Tax Base Reduction

A new global minimum 15% corporate tax, agreed upon by over 130 countries, aims to stop the race to the bottom in corporate tax rates; however, the EU's Fiscal Observatory study shows this may shift competition towards tax base reduction incentives instead, as evidenced by a 2.7 percentage point dec...

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What is the immediate impact of the global minimum 15% corporate tax on international tax competition?

The 15% minimum corporate tax rate, adopted by over 130 countries, aims to curb the race to the bottom in corporate tax rates. However, the EU's Fiscal Observatory notes that this may shift competition towards tax base reduction incentives instead of nominal rate cuts. This is supported by a 2.7 percentage point decrease in the effective tax rate paid by large multinationals in the EU between 2014 and 2022, exceeding the reduction in the statutory rate.

elpais.com

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Aug 10, 07:14

Spanish Regions Criticize Madrid's Tax Advantages, Sparking Investigations and Debate

From 2014 to 2023, various Spanish regional presidents criticized Madrid's lower taxes, fueled by its capital status, leading to accusations of tax dumping and prompting investigations into potential tax fraud. One region established a task force to identify fraudulent residency changes aimed at exp...

Spanish Regions Criticize Madrid's Tax Advantages, Sparking Investigations and Debate

From 2014 to 2023, various Spanish regional presidents criticized Madrid's lower taxes, fueled by its capital status, leading to accusations of tax dumping and prompting investigations into potential tax fraud. One region established a task force to identify fraudulent residency changes aimed at exp...

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What are the underlying causes and consequences of the perceived fiscal imbalance between Madrid and other Spanish regions?

The criticisms highlight the uneven distribution of resources and fiscal benefits among Spanish regions. Madrid's higher tax revenues, linked to its capital status, enable it to offer lower taxes, creating competition and potentially impacting other regions' finances. This competition is considered unfair by some, prompting calls for intervention or adjustments to the current system.

Showing 1 to 3 of 3 results