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Title: Which country has the best tax system in the world, and why? Post by: Blue3 on January 01, 2019, 11:12:53 PM Which country has the best tax system in the world, and why?
Title: Re: Which country has the best tax system in the world, and why? Post by: Antonio the Sixth on January 02, 2019, 06:27:45 AM Denmark, maybe? I'd have to take a closer look.
Title: Re: Which country has the best tax system in the world, and why? Post by: Santander on January 02, 2019, 09:19:43 AM Dumb question.
Title: Re: Which country has the best tax system in the world, and why? Post by: 🦀🎂🦀🎂 on January 02, 2019, 10:57:52 AM North Korea.
Title: Re: Which country has the best tax system in the world, and why? Post by: Blue3 on January 02, 2019, 09:15:49 PM Dumb question. Title: Re: Which country has the best tax system in the world, and why? Post by: brucejoel99 on January 03, 2019, 12:37:26 AM South Africa's is probably the best in regards to addressing the divide between wealthy & poor people, though not so much when it comes to spending on health, education, & social protection & implementing labor market policies to address inequality.
Otherwise, probably the UAE considering it, when compared to other countries, offers the unique combination of tax-free income not only for corporate entities which can do business inside & outside of the country as well as for individual taxpayers who reside in the county. Such tax system characteristics w/ zero index for the total tax for business & personal income is quite unique & thus can be considered as one of the very attractive ones in the world. Plus, the only tax applicable there is the VAT tax of 5% that applies to goods & services supplied in the UAE, meaning if you do international business over a UAE company, the VAT tax wouldn't be applicable. When considering the UAE tax system & structure from the point of other factors which define the efficiency, characteristics, & attractiveness of a tax system (not to mention it's ability to boost the economy), it'd also lead as well. Title: Re: Which country has the best tax system in the world, and why? Post by: Antonio the Sixth on January 04, 2019, 07:39:46 AM Otherwise, probably the UAE considering it, when compared to other countries, offers the unique combination of tax-free income not only for corporate entities which can do business inside & outside of the country as well as for individual taxpayers who reside in the county. Such tax system characteristics w/ zero index for the total tax for business & personal income is quite unique & thus can be considered as one of the very attractive ones in the world. Plus, the only tax applicable there is the VAT tax of 5% that applies to goods & services supplied in the UAE, meaning if you do international business over a UAE company, the VAT tax wouldn't be applicable. When considering the UAE tax system & structure from the point of other factors which define the efficiency, characteristics, & attractiveness of a tax system (not to mention it's ability to boost the economy), it'd also lead as well. In other words, it's a parasitic tax haven. How wonderful!! :) |