Germany’s Foreign Minister Annalena Baerbock has proposed a tax or tariff on iPhone software updates in response to the United States’ protectionist measures on European goods. If implemented, this digital levy could set a new precedent in cross-border taxation and trade retaliation. This article explores the comprehensive implications of this proposal from the perspectives of accountancy, auditing, and macroeconomics.…
Category Archives: Business and Technology
The Truth About Social Credit Scores in America: How They Work and Why They Matter
Imagine walking into a bank, eager to secure a loan for your dream home, only to be denied because of a three-digit number. Or picture yourself applying for an apartment, only to be turned away for the same reason. That number? Your credit score.…