Understanding the Euribor Index

Understanding the Euribor Index

The Euribor index underwent a significant decrease today, marking a shift in interest rates. This index, commonly used to calculate variable-rate mortgage interest in Spain, plays a crucial role in the financial sector. With various time frames ranging from one week to six months, the Euribor index offers a diverse range of options for lenders … Read more

Estonia’s Innovative Corporate Tax Model: Driving Business Growth and Investment

Estonia’s Innovative Corporate Tax Model: Driving Business Growth and Investment

Estonia’s corporate income tax system is renowned for its efficiency and unique approach. Companies in Estonia are not taxed on retained and reinvested profits, but only on profits distributed as dividends, with a flat tax rate of 20%. This system encourages reinvestment and growth, reducing immediate tax burdens. Estonia also offers incentives like a reduced … Read more