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I'm always blown away by how high taxes are in the USA. A federal corporate tax of 21% - and states can tax you even more? Meanwhile you can incorporate in Eur
by jokethrowaway 6y ago
I'm always blown away by how high taxes are in the USA.
A federal corporate tax of 21% - and states can tax you even more?
Meanwhile you can incorporate in Europe paying 10% (or 5% in Malta, if you setup a holding company, or 4% in Canary Islands if you invest 50k-100k and hire 3-5 people).
The UK is taxing companies at 19% (even if it's due to increase to 25% to cover COVID's expenses).
- rebelidealist 6y agoFurthermore, dividends are double taxed again at 20%
- pyb 6y ago0% in Estonia if you don't distribute the profits as dividends.