Getting real taxes out of virtual services – VAT fraud going online

Numerous parts of the digital world are different from the way things are being used and handled in reality. One of those issues is taxation, which turns out to be rather tricky when it comes to products and services imported from another country, in particular, China. We talked to Prof. Rolf J. Langhammer about what the EU would have to do to solve the problem of VAT fraud.

Trump vs. NATO – Watch out for China!

How important is NATO to the U.S. dollar? While President Trump asks for more contributions from the NATO member states, a retreat from the lead of the alliance could affect the dollar as the global leading currency. Prof. Rolf J. Langhammer explains in our interview what is at stake if NATO’s financial system is restructured, especially with regard to China.