Property Tax – a Tax Levied Directly on Property A property tax is a tax levied on real estate owned by an individual or another legal entity, such as a corporation. An ad valorem…
Theory of Optimal Taxation The study of designing and implementing a tax that maximizes a social welfare function subject to economic constraints is known as optimal tax theory or…
Even if the Company won’t have any Experience, Acting as an Expert can Help them get Venture Capital Funding What matters more to venture capitalists: a sleek presentation or the actual experience and competence of the firm founder? Alessandro Piazza, an assistant professor of…
Market Distortion – in Neoclassical Economics A market distortion is an event in which a governing body intervenes in a market. Market distortions are events, decisions, or interventions made by governments,…
Single Tax – a System of Taxation A single tax system is a taxation system that is based primarily or entirely on one tax, typically chosen for its unique properties, and is…
Tax Reform – a Way to Collect Taxes by Government Tax reform is generally undertaken to improve the efficiency of tax administration and to maximize the economic and social benefits that can be obtained through…
Advantages and Disadvantages of Fair Trade Fair trade focuses on the impact of trade on the environment, labor standards, and human rights in other countries, with the goal of improving those…
Advantages and Disadvantages of Free Trade Bilateral agreements between countries that allow for unfettered export and import of goods are known as free trade agreements. It is the unrestricted flow of…
Difference between Free Trade and Fair Trade Purchasing and selling things is referred to as trade, but buying and selling goods globally is referred to as import and export. In passing, the…
Difference between Balance of Trade (BoT) and Balance of Payment (BoP) The Balance of Trade (BoT) is the difference between a country’s imports and exports of commodities during a given year. It is the most important…
History of Balance of Payments (BOP) The balance of payments (also known as BOP or BoP) is an economical statement that summarizes the transactions made by residents of a given country with the…
Tax Swap – a Change in Taxation A tax swap typically entails selling an underperforming stock or security and claiming a capital loss on the transaction. It is a strategy that entails…