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Basque Tax Holidays
The Basque tax holidays were economic policies aimed at attracting foreign investment to the Basque Country, in Spain, implemented during the 1993–1994 period by the Basque Government of Lehendakari José Antonio Ardanza, the policy benefited companies that would settle in this autonomous community. The policy included a gradual 10-year reduction in the corporate tax base and a 45% tax credit on new investments in excess of 15,025,303 euros in new tangible fixed assets to any company with a share capital of 120,000 euros or a minimum of 10 workers (in practice it affected almost any SME). All these benefits were issued by the three Basque Treasuries (Hacienda de Guipúzcoa, Hacienda de Vizcaya and the Hacienda de Álava). Some 300 companies benefited. Both the autonomous community of La Rioja and Cantabria, lacking an economic agreement to counter these measures, considered that these benefits significantly damaged the companies established in territories bordering the Basque C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2011 Jose Antonio Ardanza
Eleven or 11 may refer to: *11 (number), the natural number following 10 and preceding 12 * one of the years 11 BC, AD 11, 1911, 2011, or any year ending in 11 Literature * ''Eleven'' (novel), a 2006 novel by British author David Llewellyn *''Eleven'', a 1970 collection of short stories by Patricia Highsmith *''Eleven'', a 2004 children's novel in The Winnie Years by Lauren Myracle *''Eleven'', a 2008 children's novel by Patricia Reilly Giff *''Eleven'', a short story by Sandra Cisneros Music *Eleven (band), an American rock band * Eleven: A Music Company, an Australian record label *Up to eleven, an idiom from popular culture, coined in the movie ''This Is Spinal Tap'' Albums * ''11'' (The Smithereens album), 1989 * ''11'' (Ua album), 1996 * ''11'' (Bryan Adams album), 2008 * ''11'' (Sault album), 2022 * ''Eleven'' (Harry Connick, Jr. album), 1992 * ''Eleven'' (22-Pistepirkko album), 1998 * ''Eleven'' (Sugarcult album), 1999 * ''Eleven'' (B'z album), 2000 * ''Eleven'' (Reamon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cantabria
Cantabria (, also , , Cantabrian: ) is an autonomous community in northern Spain with Santander as its capital city. It is called a ''comunidad histórica'', a historic community, in its current Statute of Autonomy. It is bordered on the east by the Basque autonomous community (province of Biscay), on the south by Castile and León ( provinces of León, Palencia and Burgos), on the west by the Principality of Asturias, and on the north by the Cantabrian Sea (Bay of Biscay). Cantabria belongs to ''Green Spain'', the name given to the strip of land between the Bay of Biscay and the Cantabrian Mountains, so called because of its particularly lush vegetation, due to the wet and moderate oceanic climate. The climate is strongly influenced by Atlantic Ocean winds trapped by the mountains; the average annual precipitation is about . Cantabria has archaeological sites from the Upper Paleolithic period, although the first signs of human occupation date from the Lower Paleolithic. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joaquín Almunia
Joaquín Almunia Amann (born 17 June 1948) is a Spanish politician and formerly, prominent member of the European Commission. During his tenure in the two Barroso Commissions, he was European commissioner responsible for economic and monetary affairs (2004–2009) and, subsequently, vice-president and the European Commissioner for Competition (2009–2014). Previously, he had been Spanish Minister for Employment (1982–1986) and Public Administrations (1986–1991). From 1997 to 2000, he was the leader of the opposition as secretary general of the Spanish Socialist Workers' Party, standing in and losing the 2000 Spanish general election against the then incumbent Spanish prime minister, José María Aznar. Early life and education Born in Bilbao on 17 June 1948 to a bourgeois family, son to an engineer (father) of Valencian origin and a cultivated mother daughter of a German physician of Jewish ancestry. His grandfather Isaac Amann was one of the promoters of the Bilbao–G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Court Of Justice Of The European Union
The Court of Justice of the European Union (CJEU) (french: Cour de justice de l'Union européenne or "''CJUE''"; Latin: Curia) is the Judiciary, judicial branch of the European Union (EU). Seated in the Kirchberg, Luxembourg, Kirchberg quarter of Luxembourg City, Luxembourg, this EU institution consists of two separate courts: the European Court of Justice, Court of Justice and the General Court (European Union), General Court. From 2005 to 2016 it also contained the European Union Civil Service Tribunal, Civil Service Tribunal. It has a ''sui generis'' court system, meaning ’of its own kind’, and is a supranational institution. The CJEU is the chief judicial authority of the European Union and oversees the uniform application and interpretation of European Union law, in co-operation with the national judiciary of the member states. The CJEU also resolves legal disputes between national governments and EU institutions, and may take action against EU institutions on behalf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maastricht Treaty
The Treaty on European Union, commonly known as the Maastricht Treaty, is the foundation treaty of the European Union (EU). Concluded in 1992 between the then-twelve member states of the European Communities, it announced "a new stage in the process of European integration" chiefly in provisions for a shared European citizenship, for the eventual introduction of a single currency, and (with less precision) for common foreign and security policies. Although these were widely seen to presage a "federal Europe", the focus of constitutional debate shifted to the later 2007 Treaty of Lisbon. In the wake of the Eurozone debt crisis unfolding from 2009, the most enduring reference to the Maastricht Treaty has been to the rules of compliance – the "Maastricht criteria" – for the currency union. Against the background of the end of the Cold War and the re-unification of Germany, and in anticipation of accelerated globalisation, the treaty negotiated tensions between member sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unfair Competition
Unfair may refer to: * Double Taz and Double LeBron James in multiverses ''fair''; unfairness or injustice * ''Unfair'' (drama), Japanese television series * '' Unfair: The Movie'' * Unfair (song), a song by South Korean boy group EXO {{Disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basque Economic Agreement
The Economic Agreement ( eu, kontzertu ekonomikoa, es, Concierto económico) is a juridical instrument that regulates the taxation and financial relations between the General Administration of the Kingdom of Spain and the Autonomous Community of the Basque Country. History First Stage: 1878–1937 The origin of the Economic Agreement lay in the Third Carlist War defeat of 1876, with 40,000 Spanish troops occupying the Basque Provinces, and held under martial law. There was a need to reach an agreement of some type by which the Basque Provinces (Álava, Gipuzkoa and Biscay) would pay taxes to the State following the approval of the Law of July 21, 1876, which obliged the citizens of "these provinces to pay taxes according to their means, in the same way as other Spaniards," as put by the ''fueros'' abolition law pushed by the Spanish premier Canovas del Castillo. The process of discussing this obligation was highly complex, due to these provinces having up to that point the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Rioja (Spain)
La Rioja () is an autonomous community and province in Spain, in the north of the Iberian Peninsula. Its capital is Logroño. Other cities and towns in the province include Calahorra, Arnedo, Alfaro, Haro, Santo Domingo de la Calzada, and Nájera. It has an estimated population of 315,675 inhabitants (INE 2018), making it the least populated autonomous community of Spain. It covers part of the Ebro valley towards its north and the Iberian Range in the south. The community is a single province, so there is no County Council, and it is organized into 174 municipalities. It borders the Basque Country (province of Álava) to the north, Navarre to the northeast, Aragón to the southeast (province of Zaragoza), and Castilla y León to the west and south (provinces of Burgos and Soria). The area was once occupied by pre-Roman Berones, Pellendones and Vascones. After partial recapture from the Muslims in the early tenth century, the region became part of the Kingdom of Pamplona, l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Holiday
A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment. Tax relief can be provided in the form of property tax concessions to assure the investment of new businesses or the retention of existing ones. Tax holidays have been granted by governments at national, sub-national, and local levels, and have included income, property, sales, VAT, and other taxes. Some tax holidays are extra-statutory concessions, where governing bodies grant a reduction in tax that is not necessarily authorized within the law. In developing countries, governments sometimes reduce or eliminate corporate taxes for the purpose of attracting foreign direct investment or stimulating growth in selected industries. A tax holiday may be granted to particular activities, in particular to develop a given area of business, or to particular taxpayers. Researchers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a lar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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