"Banks seem all too often involved in cases of misconduct, particularly involving the exploitation of tax systems. 'Banking on Failure' explains why and how banks "game the system", accounting for these misconduct cases and analysing the wider implications for financial markets and tax...

Der Finanzmarkt zieht uns das Geld aus der Tasche. Unfairer Umgang mit Sparvermögen und unserer Altersvorsorge, gigantischer Steuerbetrug und dreiste Immobilienspekulation machen uns das Leben schwer. Eine fehlgesteuerte Finanzindustrie birgt Crashgefahr und schafft immer neue Probleme - bei...

The viability of Value Added Tax (VAT) as an effective source of revenue relies chiefly on the ability to enforce VAT rules and to collect VAT effectively on affected transactions. Existing VAT collection mechanisms are in dire need of modernisation, in that they are inefficient and increasingly...

The treatment of banking services as VAT exempted is a dominant model and common practice among EU member countries mainly due to the technical difficulties of calculating value added and applying the general credit - invoice method of VAT taxation. Not charging VAT on banking sector results in...