For decades, the franchise model has been one of the most popular pathways into entrepreneurship. Yet, even within one of the world’s most successful business models, deep-seated structural weaknesses, rigidities, and systemic risks can emerge—specifically when the chain of transparency is broken. At a time when small and medium-sized enterprises (SMEs) are already grappling with …
Tag: corporate
Corporate Exit Tax
The Corporate Income Tax Act (“CITA”) aim to transpose the rules for exit taxation, described in Art.5 of Council Directive 2016/1164 of the European Union (“ATAD”). Exit taxation applies when a legal person (company) transfers assets or activity or its tax headquarters outside or within another EU member-country. The term ‘asset transfer’ indicates the act …