5 Countries With Low Personal Income Tax Rates

One of the major factors that affect the disposable income of high salary individuals is their personal income tax rate. If you feel that you are paying too much tax in your home country, then you might want to consider relocating to a lower tax destination. In this article, TaxClimate.com has compiled a list of countries where income tax rates are zero or very low… Countries That Have Low Personal Income Tax Rates Earning a high annual salary is a

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6 Benefits of An Offshore Company

There is a misconception that having an offshore company is illegal and unethical. In reality though, setting up an offshore company is a 100% legal way of structuring your business to minimize your tax burden. This article by TaxClimate.com, will explain to you the benefits of having an offshore company… Why Setting Up an Offshore Company is So Beneficial   Apart from the benefit of minimizing your taxes, offshore company formation offers you a host of other advantages. These include:

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How Do Tax Havens Work?

According to the Tax Justice Network, up to 32 trillion dollars is stored away in tax havens throughout the world. Why do wealthy individuals and corporations hide money in such locations, and how do these tax havens work?  In this article by TaxClimate.com, we attempt to answer this question… What is A Tax Haven? While there is no single definition, a tax haven is typically a jurisdiction whose tax laws allow for favorable advantages to be used by foreign businesses

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How Low Tax Rates Reduce Unemployment

Taxes are a fact of life in almost every modern day economy. Amongst other things, the collection of taxes ensures that citizens of a country have a social security net when unemployed. However, there is a line of thought that contends lower tax rates will actually reduce unemployment. In this article, by TaxClimate.com, we explore whether this claim is true…   How Do Tax Rates Affect the Unemployment Rate?   Tax rates are a factor that affects the supply of

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List of Countries with Zero Corporate Income Tax

Is the corporate tax burden too high in your home country?  It is a well-known fact that most industrialized countries have higher corporate income taxes, when compared to the rest of the world. In this article, by TaxClimate.com, we discuss countries that have zero corporate income tax… Why Zero Corporate Income Tax Is So Appealing Operating a company in a developed country has its advantages, including: Developed infrastructure Political stability Strong regulatory environment Access to liquid capital markets … just

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