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Business, 11.01.2020 06:31 speris1443

[related to the economics in practice on p. 102] in. 2014, the spanish government passed a law to change a regulation, known as the "beckham law," on foreign athletes. this new law will require foreign professional athletes to pay thestandard spanish tax rate of 52 percent on earnings of more than 300,000 euros, up from the 24 percent rate they hadbeen paying since 2005. for top-quality players, the elasticity of migration under the beckham law was estimated to be1-87 based on the average annual tax rate. using this estimate of elasticity, what impact will this increased tax rate have onthe migration of top-quality players in spain?

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[related to the economics in practice on p. 102] in. 2014, the spanish government passed a law to ch...
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