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> absurdly complicated tax system ... have you never been to another country? I've lived in the UK, USA and Denmark, and NZ has, by far, the simplest and easie
by jemmyw 8mo ago
> absurdly complicated tax system
... have you never been to another country? I've lived in the UK, USA and Denmark, and NZ has, by far, the simplest and easiest tax system. Especially for running a business. The UK and USA are especially complex with so many rules and carve outs.
My first job in the UK involved reading through mountains of tax laws to write a payroll system.
- jemmyw 8mo agoFurther info, it's ranked as one of the easiest places to do business, in part due to the simple tax system: https://www.worldbank.org/en/news/press-release/2016/10/25/new-zealand-tops-doing-business-ranking-as-oecd-economies-remain-most-business-friendly https://www.worldbank.org/en/news/press-release/2016/10/25/n... Not that that's necessarily the best thing in the world, I believe there was some trouble a few years ago because being easy and cheap to register a business led to a lot of dodgy shell companies.