Tag: tax

Where taxes hit the most

A new and updated report on Tax Revenues has been published from OECD. Some good news: taxes are decreasing a bit (“driven downward by declining economic activity and tax cuts”), in average; but these good news are not consistent across the world though, and 8 countries in Western Europe are above 40%: Denmark has the …

Continue reading

Smart IT companies pay very low taxes…. a location-based competitive advantage

“Two thousand U.S. companies paid a median effective cash rate of 28.3 percent in federal, state and foreign income taxes in a 2005 study by academics at the University of Michigan and the University of North Carolina. The combined national-local statutory rate is 34.4 percent in France, 30.2 percent in Germany and 39.5 percent in …

Continue reading