Inexperienced Castillo faces major challenges in Peru

Subject A profile of Pedro Castillo. Significance Pedro Castillo has emerged as the unexpected winner of Peru’s 2021 presidential election. A schoolteacher far removed from the political establishment, his victory had led to concerns about what his presidency would look like and, indeed, whether it would last a full term. His challenge to the status quo has the political class deeply rattled. Impacts A Castillo government can be expected to increase company taxation, especially in the all-important mining sector. Most businessmen will prefer to wait and see what his government will bring before seeking to subvert it. If he moves far to the centre, Castillo will open up space for criticism on the left, not least from his own party.

Relationship between Foreign Direct Investment and Company Taxation: Case of Bangladesh

This study looks at the association between foreign direct investment and company taxation in Bangladesh from 2001-2010. The annual reports were sourced from the Bangladesh Bank Bulletin, Bangladesh Bureau of Statistics (BBS) and World Bank which was analyzed using Descriptive Statistic, correlation and regression. The independent variable corporate taxation was measured using corporate tax rate (CTR) whilst dependent variable foreign direct investment was measured using FDI net inflow (% of GDP). GDP, exchange rate and inflation rate were used as control variables. The result showed negative significant relationship between CTR and FDI whereas exchange rate and FDI indicated negative insignificant relationship. On the other hand, GDP was positively insignificantly related with FDI whilst inflation had positive significant relationship with FDI. Based on the result, the study suggested that there is require for the government to lo trim down corporate tax rate in order to create a centre of attention FDI into the country.

Begünstigungen und Schranken in der europäischen Unternehmensbesteuerung – eine evolutorisch-ökonomische Sicht / Preferential treatments and barriers in the European company taxation – an evolutionary-economic perspective

ZusammenfassungIm vorliegenden Beitrag sollen Regeltransfers in der europäischen Unternehmensbesteuerung aus evolutorisch-ökonomischer Sicht geprüft und bewertet werden. In der Literatur stehen sich totaler Wettbewerb bzw. „Harmonisierung von unten“ und totale Harmonisierung bzw. „Harmonisierung von oben“ scheinbar unversöhnlich gegenüber, während ein Mittelweg der Minimalharmonisierung in einem gemeinsamen Wirtschafts- und Währungsraum weitgehend vernachlässigt wird. Demgegenüber soll hier der Frage nachgegangen werden, ob statt Harmonisierung von unten nicht eine gewisse Steuervielfalt realistisch ist. Wenn ja, dann ist für die europäischen Unternehmensteuern ein politischer Kompromiss zwischen Wettbewerb und Harmonisierung überlegenswert, um steuerlichen Hindernissen im Binnenmarkt zu begegnen.