3 ms·
Estonia , it is very cool that as long as you don't pay out dividends the corporate tax is effectively 0. Which is a little different from the traditional syst
by JumpinJack_Cash 2y ago
Estonia , it is very cool that as long as you don't pay out dividends the corporate tax is effectively 0.
Which is a little different from the traditional system of spending everything you earn in R&D in order to not pay taxes, in Estonia this means that you can sit on it for a year or two as long as it stays in the company, and then re-invest it when proper opportunity present itself, that is not just re-investing for the sake of avoiding taxes like it happens in every other jurisdiction