Taxation
The music industry, renowned for its artistic brilliance and commercial dynamism, is also deeply intertwined with complex tax obligations. With growing globalization and digitalization, income sources for both artists and record labels have diversified. From royalties and merchandising to live performances and NFTs, taxation policies have had to evolve rapidly to keep up.…
The rapid expansion of digital business models has disrupted traditional tax frameworks, leaving many governments unable to fairly tax profits derived from their markets. In response, numerous countries have implemented or proposed Digital Services Taxes (DSTs) to capture revenue from digital giants operating across borders.…
Climate change has become a defining challenge of the 21st century, prompting nations around the globe to adopt bold policy measures aimed at reducing greenhouse gas emissions. One of the most economically efficient tools in this endeavor is carbon taxation—a fiscal instrument that places a direct price on carbon emissions to encourage sustainable behavior.…
Cryptocurrencies, once a niche asset class, have exploded into the financial mainstream, with billions in trading volume, institutional adoption, and a growing presence in global investment portfolios. However, tax systems in the European Union (EU) have struggled to keep pace with the rapid growth and evolving nature of digital assets.…
The COVID-19 pandemic drastically reshaped the global labor market, accelerating the adoption of remote work across industries and borders. As employees began working from countries different from their employers, new and complex tax issues emerged. The rise of cross-border remote work has forced tax authorities, multinational companies, and digital professionals to reconsider traditional tax residency, employer obligations, and permanent establishment (PE) risks.…
Professional football in Europe is not only a multibillion-euro industry but also one of the most complex sectors when it comes to taxation. Player transfers, which often involve enormous sums, multiple jurisdictions, and various stakeholders, raise significant tax challenges and planning opportunities for clubs, players, agents, and governments alike.…
In an era of globalization and digital commerce, multinational enterprises (MNEs) increasingly leverage tax havens to reduce their tax burdens through practices like profit shifting and base erosion. These strategies, while often legal, have ignited a global debate over corporate tax fairness, sovereignty, and the erosion of domestic tax bases.…
Traditional economic models assume that individuals respond rationally to tax incentives, penalties, and audit probabilities. However, real-world tax compliance behavior often deviates from purely rational predictions. Behavioral economics introduces psychological, social, and cognitive dimensions to understanding taxpayer behavior. This article explores how behavioral insights enhance tax policy design, improve compliance rates, and contribute to more effective revenue collection strategies.…
The rise of digital currencies—ranging from decentralized cryptocurrencies like Bitcoin to government-issued Central Bank Digital Currencies (CBDCs)—is transforming global finance. While these innovations promise efficiency, financial inclusion, and transactional speed, they also pose unique challenges to tax authorities. This article examines how digital currencies affect tax policy, compliance, enforcement, and international cooperation, while exploring strategies to adapt taxation systems for a digital monetary future.…
In response to Pillar Two, jurisdictions are adjusting domestic tax laws to retain competitiveness while complying with GloBE standards. Some countries have adopted or announced “Qualified Domestic Minimum Top-up Taxes” (QDMTTs), which allow them to collect the top-up tax domestically before it is claimed by other jurisdictions under the IIR or UTPR.…