Forecasting Revenue Impacts from COVID-19: The Case of Florida Municipalities

Early in the pandemic, Florida municipal managers indicated that forecasting the impact on local revenues was one of their top priorities in responding to the pandemic, yet such a tool has not been widely available. This study offers simple and straightforward fiscal planning guides for assessing the short-term and long-term impacts of the COVID 19 recession on local government revenues by estimating the revenue declines among 411 Florida municipalities from FY 2021 to FY 2023. The forecast results predict revenues will be reduced by $5.11 billion from 2019 pre-pandemic levels for Florida cities in fiscal years 2021 through 2023. The decline is forecast to be 3.54 percent in FY 2021, 4.02 percent in FY 2022, and 3.29 percent in FY 2023. The revenue structure matters for estimating the revenue decline.

Eu Fiscal Governance on The Member States: The Stability and Growth Pact and Beyond

As explained in the previous chapter, the Maastricht Treaty put in place a mild system of coordination in the area of economic policy, in particular fiscal policy. The Member States keep conducting their fiscal policy, particularly the adoption of budgets and the exercise of taxation power which are at the core of the sovereignty of the states. The Member States thus remain largely sovereign with regard to the conduct of their budgetary policies given that their annual budget, as well as their longer-term fiscal planning are still decided by the national authorities. The Union has no competence to interfere directly in this area acting in place of the national authorities. Notably, no veto right is provided, and the Union could not somehow prevent the adoption of national budgets.

Treasury Crisis as Illustrated by 17th Century Poland

The article describes a crisis of the State Treasury of Poland that occurred in the 1660s and 1670s. The State’s revenues and expenditures are discussed, as well as institutional problems of the Polish Republic, such as: decentralization of the fiscal apparatus and the State’s fiscal planning. The study presents the background of the introduction of: general poll and excise taxes. Also, an attempt is made to point out the causes of the economic crisis in the Treasury.

El proyecto BEPS y la planeación fiscal

Tax planning seeks, through the application of the law and other sources of law; reduce, eliminate or defer the payment of contributions; under this scheme, it is a lawful activity which constitutes a right for every taxpayer. However, the tax authority does not share this consideration and see decreased revenues as a result of these practices, describes them as illegal. To take out this type of strategy on a large scale, multinational enterprises have managed to reduce their tax burden, especially in developing countries; for this purpose, members of the OECD and the G-20 countries undertaken a series of actions known as "Project BEPS" (Base Erosion and Profit Shifting), in Spanish Base Erosion and location of utilities. This material is intended to expose the legality or illegality of fiscal planning, the contents of the BEPS project and the reactions of Mexico in this regard; in an analytical, critical and purposeful way through of the documental available sourses, using induction meanly. By the way, try it give a general panorama of the theme, providing elements of judgment of wich the reader can support this position.

ENTRE RAWLS E LUHMANN: A NECESSIDADE DE SE COIBIR O PLANEJAMENTO FISCAL SEM SE AFASTAR DA SEGURANÇA JURÍDICA / BETWEEN RAWLS E LUHMANN: THE NEED TO CURB FISCAL PLANNING WITHOUT DEPARTING FROM LEGAL CERTAINTY

Resumo: O presente estudo tem como intuito analisar em que medida as mudanças das características do Estado no decorrer do século XX impactaram na tributação, especialmente na possibilidade de o contribuinte se auto-organizar visando a redução de sua carga tributária. Para tanto, utilizar-se-á a Teoria dos Sistemas de Niklas Luhmann com o intuito de verificar quais são os elementos jurídicos aplicáveis pelo julgador e pela Administração quando da tomada de atos ou decisões, bem como a Teoria da Justiça de John Rawls para analisar qual o critério para classificar a tributação como justa ou não dentro desse novo paradigma estatal. Ainda serão estudadas as evoluções das leis tributárias, principalmente no que tange à justiça fiscal e à necessidade de se atribuir segurança jurídica ao ordenamento.

Gender difference in trends in healthy life expectancy in 2005-2012 for adults aged 50 years and older in South Africa

Data characterizing older people’s life expectancy by good or poor health isimportant for policy and fiscal planning. This study aims to examine trends and investigategender differences in healthy life expectancy (HLE) for older people in South Africa for theperiod 2005–2012. Using data from three repeated cross-sectional surveys conducted in 2005,2008, and 2012, we applied a self-rated health measure to estimating HLE. The Sullivanmethod was used in the calculations. We found that unhealthy life expectancy decreased overthe period, while HLE and the proportion of life spent in good health increased more thantotal life expectancy in the same period. Gender disparities were evident: Women had higherlife expectancy than men, yet they spent a greater proportion of their lifetime in poor health.We concluded that HLE of older people in South Africa has improved over the period underinvestigation.

Abe's ambitious plan targets Japan's key risks

Subject The Abe government's new fiscal plans. Significance Prime Minister Shinzo Abe's government has set out a six-year programme that combines fiscal planning with social policies to promote economic growth under severe demographic pressure. Impacts The plans are unlikely to encounter serious opposition within the ruling party or parliament. Visa reforms will admit temporary foreign workers in much greater numbers, but will restrict the scope for immigration. Making education free of charge aims to boost fertility, but even if this works the demographic boost is decades away. Cutting taxes on car and house sales will reduce revenue unless it stimulates very significant increases in sales.