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The tax situation is that the company's corporation tax will be paid in the country where it is registered. Although one does need to be a little careful also a
by phillc73 10y ago
The tax situation is that the company's corporation tax will be paid in the country where it is registered. Although one does need to be a little careful also about where business is being conducted.
If I pay myself an income (not dividends) from company funds, which would of course be paid out before corporation tax, then I would be liable for income tax on that in my country of residence. Income from dividends (paid to shareholders after corporation tax) is taxed differently in different jurisdictions.