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23 Jun 2021, 5:30 am
Table of Contents Key Findings Introduction How Net Operating Loss (NOL) Deductions Work Design Considerations for NOL Policies Survey of NOL Policies in the OECD Conclusion Key Findings Net operating loss (NOL) deductions (carryforwards and carrybacks) help ensure that businesses are taxed on their average profitability, which makes the tax code more neutral across businesses and over time. [read post]
21 Jun 2021, 1:06 pm
The SAs of the EEA countries (Iceland, Liechtenstein and Norway) are also members of the EDPB, although they do not hold the right to vote. [read post]
16 Jun 2021, 9:01 pm
The UK-wide survey looked at the levels of Campylobacter on whole fresh retail chickens on sale in farm shops and markets, butchers and smaller chains such as Iceland, McColl’s, Budgens, Nisa, Costcutter, and One Stop. [read post]
14 Jun 2021, 8:50 pm
The launch is part of a plan to expand the Hub’s global reach, which also includes the opening of Centres with the Bank of Canada (Toronto), the European Central Bank/Eurosystem (Frankfurt and Paris) and four Nordic central banks (Danmarks Nationalbank, the Central Bank of Iceland, the Central Bank of Norway and Sveriges Riksbank) in Stockholm. [read post]
14 Jun 2021, 4:53 pm
The Presidential Proclamations, collectively known as the COVID-19 Geographic Proclamations are as follows: Presidential Proclamation 10143 (Schengen Area, United Kingdom, Ireland, Brazil and South Africa) Presidential Proclamation 9984 (China) Presidential Proclamation 9992 (Iran) Presidential Proclamation 10199 (India) *The Schengen countries include Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein,… [read post]
10 Jun 2021, 3:55 am
Reduced and Standard Combined Corporate Income Tax Rates in European OECD Countries, 2021 Country Reduced Combined Corporate Income Tax Standard Combined Top Corporate Income Tax Rate Reduced Rate Threshold for Reduced Rate Austria (AT) – – 25.0% Belgium (BE) 20.0% Applicable on the first €100,000 of taxable income of qualifying companies. 25.0% Czech Republic (CZ) – – 19.0% Denmark (DK) – – 22.0% Estonia (EE) – – 20.0% Finland (FI) –… [read post]
6 Jun 2021, 9:03 pm
The highest country-specific notification rates were in Ireland, Denmark, Malta, Norway, and Iceland. [read post]
4 Jun 2021, 6:00 am
Finland (while part of the Russian Empire) had granted women the right to vote in 1906, with Norway following in 1907, Denmark in 1915, and Iceland (while part of Denmark) in 1915. [read post]
3 Jun 2021, 5:00 am
Other Nordic countries were soon to follow and adopted similar acts: Norway in 1993, Sweden in 1994, Iceland in 1996, and Finland in 2002. [read post]
3 Jun 2021, 3:55 am
All member states of the European Union (plus Iceland, Liechtenstein, and Norway) are part of the EU Emissions Trading System (EU ETS), a market created to trade a capped number of greenhouse gas emission allowances. [read post]
2 Jun 2021, 5:58 am
The SAs of the EEA countries (Iceland, Liechtenstein and Norway) are also members of the EDPB, although they do not hold the right to vote. [read post]
27 May 2021, 3:55 am
Tax Burden on Labor of Families and Single Workers Earning a Nation’s Average Wage in European OECD Countries, 2020 Single person, no children One-earner married couple, 2 children Percentage-point difference Austria (AT) 47.3% 32.0% -15.3 Belgium (BE) 51.5% 34.9% -16.7 Czech Republic (CZ) 43.9% 26.1% -17.8 Denmark (DK) 35.2% 25.1% -10.1 Estonia (EE) 36.9% 26.8% -10.1 Finland (FI) 41.2% 36.7% -4.4 France (FR) 46.6% 37.9% -8.8 Germany (DE) 49.0% 32.9% -16.1 Greece (GR) 40.1% 37.1% -3.0… [read post]
26 May 2021, 2:55 am
Table of Contents Key Findings Introduction Understanding the Tax Treatment of Savings and Investment — The Multiple Layers of Taxes on Investment — Tax Treatment of Private Retirement Accounts — Other Types of Tax-Preferred Savings Accounts Survey of Capital Gains Taxes, Dividend Taxes, and Retirement Savings in OECD Countries — Capital Gains Tax Rates — Dividend Tax Rates — Tax Treatment of Retirement Savings in the OECD Simplification — Universal… [read post]
25 May 2021, 8:14 am
An Iceland company, Statum, lists on its website an interactive, VR courtroom training product called Virtice. [read post]
19 May 2021, 3:08 pm
Updated May 17, 2021: “The diminishment of Arctic sea ice has led to increased human activities in the Arctic, and has heightened interest in, and concerns about,the region’s future.The United States, by virtue of Alaska, is an Arctic country and has substantial interests in the region.The seven other Arctic states are Canada, Iceland, Norway, Sweden, Finland, Denmark (by virtue of Greenland), and Russia. [read post]
19 May 2021, 1:55 am
In contrast, 10 out of the 14 OECD countries with the tax burden are non-European (the United Kingdom, Switzerland, Iceland, and Ireland are the four European countries in this category). [read post]
14 May 2021, 9:03 am
Some Icelanders welcome the Alaskan flower; some decry its invasion. [read post]
7 May 2021, 9:03 pm
Products were sent to Sweden, Finland, Iceland, Norway, Belgium, Luxembourg, Spain and Bulgaria, according to a RASFF notice. [read post]
6 May 2021, 9:45 am
The other developed countries in the report include all 27 current EU member states: the UK, Australia, Canada, Chile, Iceland, Israel, Japan, Korea, Mexico, New Zealand, Norway, Switzerland, and Turkey.Read 6 remaining paragraphs | Comments [read post]
6 May 2021, 2:55 am
Top Statutory Personal Income Tax Rates and Thresholds in European OECD Countries, 2020 European OECD Country Top Statutory Personal Income Tax Rate Threshold of the Top Statutory Personal Income Tax Rate As a Multiple of the Average Wage In National Currency* In Euros* In USD (PPP)* Austria (AT) 55.0% 22.5 EUR 1,097,040 €1,097,040 $1,441,954 Belgium (BE) 52.9% 1.1 EUR 52,848 €52,848 $70,549 Czech Republic (CZ) 15.0% 0.0 CZK 1 €0 $0 Denmark (DK)… [read post]
