Stock Trading Tax Rates In Europe
Stock trading is a practice where one buys and sells equities in a company for short-term gains. While traditional investors in the stock market were in it for the long run, the modern stock trader is always looking to make a quick gain according to the daily changes in price. Dealing with the trades of …...
How Do I Know My LLC Tax Сlassification?
Introduction Unlike some other business structures, with LLC incorporation, you can choose from 3 taxation systems. Factors, such as the number of participants, size of business, financial plans, are usually taken into consideration to make a considered decision. Some tax systems are available by default, while others require...
Which European countries have the most favorable tax systems?
Attractive tax regimes exist in Portugal and Malta, there are preferential tax rates and tax deductions. Portugal has a preferential tax systemthe first 10 years for foreigners who have a residence permit, the rates on tax payments are reduced. In Malta, one of the advantages is the possibility of tax optimization. There are no taxes...
Advantages of taxation in Portugal
In Portugal, as in Cyprus, it is possible to become a non-domiciled resident. This status is valid for the first 10 years after the issuance of a residence permit for investment here. Your income outside the country (dividends, interest, royalties) will not be taxed (the normal rate in Portugal is high, up to 42%)....
Special taxation in Switzerland
The Swiss government offers the opportunity to become a tax resident of the country and pay taxes not on income received outside of Switzerland, but on expenses in the country. There is a lump-sum tax, the exact amount of which is calculated separately in each region and for a particular taxpayer. The minimum tax is …...
Advantages of Cypriot taxation
To attract investors and international business representatives, the Cypriot government has developed an attractive tax system. In particular, in 2016 the property tax was abolished here (previously it was 1.7% of the assessed value of the object). Corporate income tax is 12.5%, which is less than in other European countries. In 2015,...
What are “tax havens”?
Taxation in some European countries on domestic and worldwide income differs significantly. Tax on worldwide income may be minimal or zero. There may be no taxes on gifts, dividends, rental income, etc. There are significant tax benefits for businesses here in the form of refunds of the lion’s share of taxes paid. Of course, such...
How do I start paying taxes in Europe?
In order to transfer your taxes to a country that attracts you with low or zero tax rates, you must become a tax resident. As a general rule, in order to become a tax resident of the country you must meet the residency requirement of at least 183 days, and therefore you must have grounds …...