Transparent fiscal systems would lead to higher revenues 14. November 2006 by Thomas Jannot High nominal tax rates, complicated fiscal legislation and tax authorities working inefficiently are to blame for the fact that particularly in developing countries many companies are driven to operate in a shadow economy. But even in Europe there are similar problems: Particularly marked are the differences between nominal and actual tax burden and this it …
EU invites to tender for economic online services 13. November 2006 by Thomas Jannot The European Commission´s directorate general for economy and finance has published an invitation to tender for online services. These are to provide business and industry information, news, data from financial markets and macroeconomic analyses on emerging markets in the new EU member states of Middle and Eastern Europe as well as on emerging markets in Asia, …
On average companies spend 105 hours annually on paper work required by fiscal legislation 13. November 2006 by Thomas Jannot Each year companies in Germany spend about 105 hours on dealing with fiscal issues. Thereof about 40 hours are spent on handling turnover tax issues. However, the time spent on these things in Germany is still considered to be relatively limited. Only in 25 countries you can prepare your tax return quicker than in Germany.
Companies concentrate on more further training instead of raising salaries 13. November 2006 by Thomas Jannot Next year most companies instead of raising salaries significantly plan to concentrate on comprehensive further training. This is a finding of a current study prepared by Mercer Human Resource Consulting which questioned 430 mainly multinational European companies on their salary strategy for 2007.
General conditions for doing business abroad not that important after all 10. November 2006 by Thomas Jannot In strong contrast to the general opinion, to companies operating abroad the general conditions for doing business in the respective host country are of minor importance. Only 16 percent (mostly major companies) consider this to be a key parameter for economic success.
European ICT Prize 2007 competition started 10. November 2006 by Thomas Jannot The European Information and Communication Technologies Prize competition for 2007 is under way. The prize is endowed with a total amount of 700.000 € and organized by Euro-CASE and sponsored by the European Commission. Eligible of being awarded the prize are products and services drawing on information and communications technology while at the same time …
EU officials have started their internships in European companies 10. November 2006 by Thomas Jannot Several EU officials have left their offices in Brussels in order to gain practical experience on the way that small and medium-sized entities all over Europe do business. During their one-week stay in several companies they are to receive a better understanding of the general conditions under which small and medium-sized entities operate. The first …
There is still growth potential for turnover generated abroad 9. November 2006 by Thomas Jannot The number of small and medium-sized entities doing business on an international scale is constantly increasing. Even though in most companies international business still plays a minor role, the share of those generating major parts of their turnover abroad gets bigger and bigger. In the course of the nationwide Going International 2006 survey by the …
Collecting debts needs a lot of training 6. November 2006 by Thomas Jannot Each year thousands of companies go bust in Germany with annual debts of about 50 billion Euro not being settled. Such a bad debt loss may be fatal to small and medium-sized entities. In order to avoid such a situation, the DIKMU institute and the Gerling GmbH will hold a conference on the subject matter …
Study to shed light on salaries paid to supervisory board members in SMEs 6. November 2006 by Thomas Jannot The salaries paid to members of supervisory boards in companies listed on the stock exchange may be looked up in the annual reports. How about the salaries paid to members of these boards in small and medium-sized companies? This question is to be answered by the “Vergütung von Aufsichtsgremien 2006/2007” study. Whoever decides to take …