2023
DOI: 10.51798/sijis.v4i3.620
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Index of the cycle of money: the case of Costa Rica

Constantinos Challoumis

Abstract: The paper aims at determining, in a real-case scenario such as Costa Rica's economic system, how the theoretical basis of the money cycle plays out. The Money Cycle Index takes into account how well a country's economic structure is set up and what kind of financial model it needs to respond to the monetary crisis. Costa Rica's index of the cycle of money calculations is compared to the average global index of the cycle of money. This indicates that Costa Rica is in line with the global average, thus being a g… Show more

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Cited by 5 publications
(2 citation statements)
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“…Furthermore, the companies of controlled transactions should be estimated tax authorities' inspections are conducted under the condition of proportional adjustments (Fernandez & Raine, 2019;Siegmeier et al, 2018;Urwannachotima et al, 2020;Van de Vijver et al, 2020;Παπακωνσταντίνου et al, 2013). The interpretation of the proportional adjustments condition is that companies that participate in controlled transactions frequently lack the appropriate data and uncontrolled transactions of similar circumstances to compare, so they proportionally adjust their data (Challoumis, 2021a(Challoumis, , 2021h, 2023b(Challoumis, , 2023c(Challoumis, , 2023a(Challoumis, , 2021g, 2021f, 2021b(Challoumis, , 2021c(Challoumis, , 2021e, 2021d(Challoumis, , 2022b(Challoumis, , 2022a. This means that if the tested parties conclude that the profits and losses of companies from uncontrolled transactions are significantly higher or significantly lower, they use a proportional analogy to compare them with their data.…”
Section: Introductionmentioning
confidence: 99%
“…Furthermore, the companies of controlled transactions should be estimated tax authorities' inspections are conducted under the condition of proportional adjustments (Fernandez & Raine, 2019;Siegmeier et al, 2018;Urwannachotima et al, 2020;Van de Vijver et al, 2020;Παπακωνσταντίνου et al, 2013). The interpretation of the proportional adjustments condition is that companies that participate in controlled transactions frequently lack the appropriate data and uncontrolled transactions of similar circumstances to compare, so they proportionally adjust their data (Challoumis, 2021a(Challoumis, , 2021h, 2023b(Challoumis, , 2023c(Challoumis, , 2023a(Challoumis, , 2021g, 2021f, 2021b(Challoumis, , 2021c(Challoumis, , 2021e, 2021d(Challoumis, , 2022b(Challoumis, , 2022a. This means that if the tested parties conclude that the profits and losses of companies from uncontrolled transactions are significantly higher or significantly lower, they use a proportional analogy to compare them with their data.…”
Section: Introductionmentioning
confidence: 99%
“…Furthermore, the companies of controlled transactions should be estimated tax authorities' inspections are conducted under the condition of proportional adjustments (Fernandez & Raine, 2019;Siegmeier et al, 2018;Urwannachotima et al, 2020;Van de Vijver et al, 2020;Παπακωνσταντίνου et al, 2013). The interpretation of the proportional adjustments condition is that companies that participate in controlled transactions frequently lack the appropriate data and uncontrolled transactions of similar circumstances to compare, so they proportionally adjust their data (Challoumis, 2021a(Challoumis, , 2021h, 2023b(Challoumis, , 2023c(Challoumis, , 2023a(Challoumis, , 2021g, 2021f, 2021b(Challoumis, , 2021c(Challoumis, , 2021e, 2021d(Challoumis, , 2022b(Challoumis, , 2022a. This means that if the tested parties conclude that the profits and losses of companies from uncontrolled transactions are significantly higher or significantly lower, they use a proportional analogy to compare them with their data.…”
Section: Introductionmentioning
confidence: 99%