BLOG #TECH

Prompting Gemini by Ryan KHOUJA. A tool to explain to my son and daughter economy key concepts, by a lazy father!  Tackling Inflation: A Comprehensive Guide Inflation, the sustained increase in the general price level of goods and services in an economy over time, can significantly impact individuals and businesses. Here are some strategies to combat inflation: Government Strategies  * Monetary Policy: Central banks can raise interest rates to make borrowing more expensive, thus reducing demand for goods and services and slowing down price increases.  * Fiscal Policy: Governments can reduce spending and increase taxes to decrease the amount of money in circulation.  * Supply-Side Policies: Encouraging economic growth, improving infrastructure, and reducing regulations can increase productivity and lower costs. Individual Strategies  * Budgeting: Carefully track your income and expenses to identify areas where you can cut back.  * Investing: Consider investi...

Dutch and Irish Tax Avoidance: A Closer Look The Dutch sandwich and Double Irish are two of the most well-known tax avoidance schemes used by multinational corporations. Let's delve deeper into each: The Dutch Sandwich  * Key features:    * Involves three entities: a parent company in a high-tax country, a subsidiary in a low-tax country (often the Netherlands), and a second subsidiary in another tax haven.    * The parent company transfers intellectual property or other intangible assets to the Dutch subsidiary.    * The Dutch subsidiary licenses these assets back to the parent company or other affiliates.    * Royalty payments are made to the Dutch subsidiary, reducing the overall tax burden.  * Example: A U.S. technology company might establish a subsidiary in the Netherlands to hold its patents. The Dutch subsidiary would then license these patents back to the U.S. parent company, generating royalty income that is taxed at a lower ra...