The digital transition should be managed – and taxed – alongside other societal transitions, but any tax on companies that replace employees with automated systems should be targeted and carefully designed to not stifle innovation.
In-depth analysis prepared for the European Parliament's Committee on International Trade (INTA).
An exit from coal in the Asia-Pacific region is a global decarbonisation priority.
International corporate tax reform is coming closer if countries can set aside their differences and work for progress rather than the perfect deal.
How will a global corporate tax affect the modern economy?
In its recovery, India will wish to consolidate market access for its export of services to rich countries and make the country’s growing market most attractive to the latest technology.
Stakeholders from government, private sector, media and academia/institutions come together to review India-EU relations and point to a promising direction for the future.
'One of the obvious measures Europe could do in order to fill public coffers is to make sure that everybody pays fairly what they are supposed to pay, rather than general tax increases.'
European Union countries can reduce inequality of opportunity through public spending and tax decisions. Broadly, the most effective approach includes progressive taxes and inheritance taxes, spending on education, health and public infrastructure, and better government effectiveness. Better fiscal rules and institutions also increase resilience against crises.
With the European Union for the first time taking on debt to help finance the economic recovery from the coronavirus, new resources are needed to fund the EU budget. Various ideas have been floated – including a digital tax and a financial transactions tax – but the most appropriate new resource would be revenues from the EU emissions trading system, which could provide enough funding to repay the EU's coronavirus borrowing.
Third day of Bruegel Annual Meetings.
Rather than risking its soldiers' lives on the border, India should join 'middle power' economic coalitions to address China's behavior.