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> Posts tagged "Tax"

How many US dollars are in circulation today?

he journey of each individual currency note is pretty incredible. After being printed or minted, each bill is then passed between people and businesses to facilitate transactions. If it’s a $1 or $5 bill, it changes hands on average about 110 times per year – and if it’s a $20

Work-Life balance: Denmark case

"Something is rotten in the state of Denmark", goes the line in Shakespeare's Hamlet. But four centuries after the play was written, the analysis couldn't be less accurate. According to the OECD Better Life report, Danes have a better work-life balance than any other country surveyed. nly 2% of employees regularly work very long

Swedish start-ups explained

Q: What do Spotify, Minecraft and Candy Crush Saga have in common? A: They are all made in Sweden   Sweden is home to Europe’s largest tech companies and its capital is second only to Silicon Valley when it comes to the number of “unicorns” – billion-dollar tech companies – that it produces per capita. Skype was

EC: Montenegro’s Economic Quarterly

The European Commission published EU Candidate Countries’ & Potential Candidates’ Economic Quarterly (CCEQ) technical report which indicates macroeconomic development of potential countries. Like other European Economy Technical Papers, Q2 2017 report was compiled by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs. Montenegro's economy are indicated as the

Montenegro’s Economy SWOT Analysis

mall countries, i.e. small economies are rather sensitive to the influence of international environment. This especially applies to countries like Montenegro, in which the use of euro as a legal tender additionally limits the maneuvering space in case of potential external shocks. Therefore, it is important, seems even more important

Montenegro: Business Stimulating Programs

Montenegro's Ministry of Economy has published Business Stimulating Programs Brochure. The content of brochure includes the following: Decree promoting direct investment Explained Business zones development project Cluster development fostering program in Montenegro The 2017-2020 regional and local competitiveness increasing program through alignment with the requirements of international standards of operations

2018 EU budget draft: focus on jobs, investments, migration and security

he Commission proposed a draft budget for 2018 of €161 billion in commitments to stimulate the creation of more jobs, especially for young people, and to boost growth and strategic investments. Building on the actions already undertaken in previous years, next year's EU budget will continue dealing effectively with the migration

2017 Doing Business Report: Montenegro 51st

orld Bank has published 14th Doing Business report for 2015-2016 period. According to the report, Montenegro was ranked 51th out of 190 economies covered. That is three places lower than previous year, if the same methodology was applied to the DB 2016 report. Methodology updates* As part of a three-year update in

EU Autumn 2016 Economic Forecast: Modest growth

Commission forecasts 2017 euro area growth of 1.5% and EU growth of 1.6%  conomic growth in Europe is expected to continue at a moderate pace, as recent labour market gains and rising private consumption are being counterbalanced by a number of hindrances to growth and the weakening of supportive factors. In

2016 G20 summit in Hangzhou, China

20 leaders met in Hangzhou, China, on 4-5 September. European Council President Donald Tusk and European Commission President Jean-Claude Juncker represented the EU at the summit. The theme of this year's summit was “Towards an innovative, invigorated, interconnected and inclusive world economy”. Leaders adopted a communique focusing on: strengthening the G20 growth agenda

EU VAT gap: €160 bn. lost in uncollected revenues in 2014

staggering €159.5 billion in Value Added Tax (VAT) revenues were lost across the EU in 2014 according to figures released by the European Commission. Research shows that the overall difference between the expected VAT revenue and the amount actually collected (the so-called 'VAT Gap') amounted once again to an unacceptably

State aid: Ireland gave illegal tax benefits to Apple

he European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid. Commissioner Margrethe Vestager, in charge of

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