Are you paying 5+ digits tax and in the process of moving ? Then yes you can get the same special treatment while paying fraction of what you used to pay.
> no other developed country in the world has a corporate tax system like the US. Are you sure ? Most of the developed world tax resident individuals and corporates on worldwide income. US is only unique in taxing…
Its very high consumption tax. Effective, implementable but harder to get public support for. Cost of living (CoL) would rise. High corporate tax means high CoL. Every percentage increase will make it worse than last…
National Security is different matter. Even that can only be done to few countries. Can US or any other country do it whole world ? I highly doubt it.
But you are not increasing prices. Taxes gets passed on to consumers because companies do not take hit on profit margin just because of different tax rates. So lets assume €10M is the already inflated ammount to…
In my understanding what you are saying is, a country will tax profit on revenue generating from its own territory by its own tax rate. For the sake of simplicity, assume 100% profit margin. Let R and R' be revenue…
Hmm thats effectively consumption tax of very significant rate (eg 33%).
But what do you mean by "leaving a market" ? MNCs have been doing restructring for decades for reasons ranging from regulations to taxes. If Google do leave EU, all it will do is legal maneuvering. Nothing will change…
Are you saying Singapore Co cannot receive payments from French consumers unless they pay corporate income tax to French Govt ? In other words, you are saying EU can deny its citizens right to buy foreign products ?
Is there a reason to not go BVI/Nevis IBC route for a small online startup ? The no accounting/record-keeping requirement should look appealing to many, beside 0% tax :).
Are you paying 5+ digits tax and in the process of moving ? Then yes you can get the same special treatment while paying fraction of what you used to pay.
> no other developed country in the world has a corporate tax system like the US. Are you sure ? Most of the developed world tax resident individuals and corporates on worldwide income. US is only unique in taxing…
Its very high consumption tax. Effective, implementable but harder to get public support for. Cost of living (CoL) would rise. High corporate tax means high CoL. Every percentage increase will make it worse than last…
National Security is different matter. Even that can only be done to few countries. Can US or any other country do it whole world ? I highly doubt it.
But you are not increasing prices. Taxes gets passed on to consumers because companies do not take hit on profit margin just because of different tax rates. So lets assume €10M is the already inflated ammount to…
In my understanding what you are saying is, a country will tax profit on revenue generating from its own territory by its own tax rate. For the sake of simplicity, assume 100% profit margin. Let R and R' be revenue…
Hmm thats effectively consumption tax of very significant rate (eg 33%).
But what do you mean by "leaving a market" ? MNCs have been doing restructring for decades for reasons ranging from regulations to taxes. If Google do leave EU, all it will do is legal maneuvering. Nothing will change…
Are you saying Singapore Co cannot receive payments from French consumers unless they pay corporate income tax to French Govt ? In other words, you are saying EU can deny its citizens right to buy foreign products ?
Is there a reason to not go BVI/Nevis IBC route for a small online startup ? The no accounting/record-keeping requirement should look appealing to many, beside 0% tax :).