Value-added Tax (VAT)
A value-added tax (VAT) is a type of consumption tax that is typically applied to the sale of goods and services. It is a tax…
Business
Sales Tax
Sales tax is a type of tax that is imposed on the sale of goods and services. It is a tax levied on the sale…
Gross Receipts Tax
Gross Receipts Tax (GRT) is a tax levied on the total revenue or gross receipts of a business. It is a tax levied on a…
Turnover Tax
Turnover tax is a tax that is based on the amount of business turnover or revenue generated by a business. It is usually a simplified…
Credit Crunch
The term “credit crunch” refers to a situation in which access to credit becomes significantly more difficult for borrowers. A credit crunch is a sudden…
Financial Accelerator in Macroeconomics
The financial accelerator is a concept in macroeconomics that explains how financial markets and the availability of credit can amplify the effects of economic shocks.…
Spahn Tax – a type of currency transaction tax
The “Spahn tax” is a proposal for a tax on financial transactions, named after the German economist and politician Friedrich Wilhelm Spahn. It is a…
Tobin Tax
The Tobin Tax is a proposed tax on international financial transactions, named after the economist James Tobin who first suggested the idea in 1972. The…
Explore Parga, Sivota, and the Coast of Epirus to Experience Greece’s Amalfi Coast
The Epirotic coast is magnificent, from vibrant Parga and the breathtaking beaches of Sivota to the unassuming port of Preveza. This unending stretch of coastline,…
Silicon Valley Bank Confiscation Leaves a Major Vacancy and a Large Opportunity in the Field of Climate Financing
For startups looking for lenders who understood the startup life and balance sheets, Silicon Valley Bank (SVB) was the go-to institution. This was particularly true…
How Startup Executives Handled SVB’s Collapse and Braced Themselves for the Worst
EarthOptics CEO Lars Dyrud acted swiftly after turning on CNBC last Thursday to see SVB’s stock price tanking and reports of venture firms advising entrepreneurs…
Vulture Fund – a hedge fund
A vulture fund is a type of investment fund that invests in distressed debt, usually in the form of bonds or other debt securities, that…
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