There appears in EU individual State publications from time to time, the idea that States can impose taxes without constitutional limit. Some State taxation authorities claim that the law of fundamental rights and freedoms allows such a wide margin of appreciation, that no State impost will be found unconstitutional. Because
Conflict actors must sustain access to financing to maintain their operations. Additionally, the potential for outsiders to profit from conflict can also grow to become a key driver of the conflict itself. https://www.imf.org/external/pubs/ft/fandd/2017/12/imus.htm#:~:text=For%20these%20receiving%20countries%2C%
USA Corporate funded asset trusts, also known as business trusts or specialized asset protection trusts (APTs), can have varying tax implications depending on how they are structured and managed. The IRS doesn't have a specific designation for "business trusts" in the tax code. Instead, these trusts
International employers use EBTs to reward employees. The tax treatment on both sides of the pond used to be clear and broadly in harmony. US CLARITY Thanks for reading! Subscribe for free to receive new posts and support my work. In the US, we have long-standing rules on the
Game theory matters. It really matters which game the business Agent (corporate or individual) think they are playing. https://pmc.ncbi.nlm.nih.gov/articles/PMC8288874/ Thanks for reading! Subscribe for free to receive new posts and support my work. Challenges and opportunities facing game theory and control: an interview
OLD RULES The UK runs a death tax (Inheritance Tax: IHT). Under the old rules: Thanks for reading! Subscribe for free to receive new posts and support my work. https://www.gov.uk/tax-on-pension-death-benefits The Red Box marks where the change last Fall happened. The UK’
Saahil Menon writes (October 11 2024) How BRICS is collapsing under the weight of its own ambition Thanks for reading! Subscribe for free to receive new posts and support my work. https://neweasterneurope.eu/2024/10/11/how-brics-is-collapsing-under-the-weight-of-its-own-ambition/ Nearly two
Save a tear in Holly and Bolly Wood for the sad state of the British Film industry. Charlie Meyrick writes (January 16, 2025): Thanks for reading! Subscribe for free to receive new posts and support my work. https://www.economicsobservatory.com/why-is-the-uk-film-and-television-sector-struggling
Many tax regimes around the world encourage transfer of business or assets from an individual to a corporate entity. After all, it is easier for a tax authority to keep track of the affairs of a company – which must be registered through its published accounts -than an individual. Transparency has
The UK tax authority (HMRC) has issued some strange publication about Fiduciary Receipts. In order to see why they are strange, it is helpful to locate the legal concept in history. ANTIQUITY Thanks for reading! Subscribe for free to receive new posts and support my work. Frankel states: The roots
Trump’s White House says this: https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-the-united-states-and-european-union-reach-massive-trade-deal/ Thanks for reading! Subscribe for free to receive new posts and support my work. MAKING GLOBAL HISTORY: Yesterday, President Donald J. Trump announced a
In May 2025, a stark warning from https://www.pgpf.org/article/the-federal-government-has-borrowed-trillions-but-who-owns-all-that-debt/ Thanks for reading! Subscribe for free to receive new posts and support my work. The Federal Government Has Borrowed Trillions. Who Owns All that Debt? At