Intax Insider


Tax Justice experts believe that government support for business in times of crisis should be more balanced and should not become a source of unjustified enrichment for some companies and their owners. The crisis period can become a good reason for the introduction of more “fair” tax and financial rules.

 In particular, during the crisis, activists are offered the following measures:

  1. Implement a huge (50-75%) excess-profits tax
  2. Tax wealth: hefty wealth taxes, land value taxes, capital gains taxes, etc.
  3. Nationalize failing firms: buy forms or their stock cheaply now, take control, clean house, and when market conditions normalize, sell them back, at a market price
  4. Ban stock buybacks to prevent from market manipulations. Also temporarily curb or ban dividends.
  5. Ban all new mergers.
  6. Other measures, including restrictions regarding capital controls, prices controls, beefed-up criminal sanctions, revision of the concept of limited liability and so on.


Intax Insider


OECD prepared a short list of tax measures recommended for governments to overcome the economic consequences of the crisis. Among them: the abolition or reduction of social taxes from the payroll and self-employed; tax concessions for workers in health and other...
Intax Insider

Налоговые недоимки приведут к ужесточению законодательства Кипра. Может быть.

Парламент Кипра рассмотрел представленные правительством изменения к Закону о расчете и сборе налогов, которые должны повысить сбор налогов и сократить недоимки. Правительство заинтересовано в том, чтобы новые правила начали действовать уже с 1 января 2021 года. В насто...
Intax Insider

What Ukrainian business should do when the new rules of the CFC and financial monitoring come into force. What speakers were talking about. (Text in Russian)

14 мая Intax Insider посвятил эфир вопросам украинских финконсультантов, связанным с законопроектом №1210 и законом №2179. В беседе #Украина без офшоров. Что делать украинскому бизнесу при новых правилах КИК и финмониторинга пять разносторонних экспертов по управлен...