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I don't pay sales tax, only my customers do, if they are in a state that charges sales tax. No one pays income or capital gains taxes in Monaco, but my SaaS is
by dkjaudyeqooe 6y ago
I don't pay sales tax, only my customers do, if they are in a state that charges sales tax.
No one pays income or capital gains taxes in Monaco, but my SaaS is genius remember, so I have only a small number of employees at any rate.
I don't think anything of what I'm proposing is right, I'm just thinking though the consequences of a 0% corporate tax.
- deleted 6y ago[deleted]
- sundbry 6y agoIn that situation you have nothing but deferred consumption (savings) accrued in your corporate bank account. You're just soaking currency out of the economy. It's fine if none of that money is taxed because it's not moving. As soon as you use it, it's taxed.