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The UAE. (which is why many of EU's rich are domiciled there, which also means they're not counted in the EU's GINI coefficient. Almost no US citizens do the s
by spwa4 11mo ago
The UAE.
(which is why many of EU's rich are domiciled there, which also means they're not counted in the EU's GINI coefficient. Almost no US citizens do the same, because of how the tax system works)
- secretsatan 11mo agoThat’s your model country?
- ares623 11mo agoHard to take you seriously unless the EU rich domiciled there, stayed there permanently, and didn't get the benefits of their home EU countries, benefits that come from taxes they do not pay into.
- spwa4 10mo agoWait, what? This is about company executives and high-paid consultants who essentially stayed in Dubai just enough to be tax-domiciled there. Or even just their companies with just a mailbox at a lawyer office in Dubai. No, the EU rich very much physically stayed inside the EU, fully enjoying the benefits of those countries without paying tax. Doesn't work for US citizens because global income is taxed in the US.
- landosaari 11mo agoThe UAE has a CT (corporate tax) of 9% since 2023 [0, page 8] This provides an overview [1] For 2026 "The UAE's tax system is getting stricter. Not in rates. In enforcement." [2] [0] https://mof.gov.ae/wp-content/uploads/2025/04/Federal-Decree-Law-No.-47-of-2022-and-its-amendments.pdf https://mof.gov.ae/wp-content/uploads/2025/04/Federal-Decree... [1] https://mof.gov.ae/en/public-finance/tax/corporate-tax/ https://mof.gov.ae/en/public-finance/tax/corporate-tax/ [2] https://www.kayrouzandassociates.com/insights/uae-tax-changes-2026-corporate-vat-fta-amendments https://www.kayrouzandassociates.com/insights/uae-tax-change...