Changes in Global Tax Regulations: Are You Informed?

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@realalexmackenzie 3 ай бұрын

As a Canadian CPA, it is always nice to hear what is going on in international tax. I think Rusudan is my favorite NC presenter!

@NomadCapitalistRD 2 ай бұрын

Thank you for the comment! Rusudan sends her regards.

@jamalgreen3056 3 ай бұрын

Vanuatu 🇻🇺 still has complete 0% taxation for foreigners.I believe the only islands and countries left that will still have complete 0% taxation is countries and islands that are completely far away from it all,like a Vanuatu.

@matthewnirenberg 2 ай бұрын

All the more reason for these countries to do their own payment processing and start manufacturing things that the high-tax world will need in the upcoming years. These great 0% tax countries need to resist the urge to "cave-in" to the demands of the economically collapsing high-tax world and instead make themselves more capable and more "in-demand". Remember when you're the one producing the things that others need, you get to set the terms of business and don't have to cave-in to the BS of the customer. Lastly, whilst some tax havens might disappear because they fall for the high-tax lies and threats, some will remain as the "elites" will want somewhere they can live and not pay taxes. What I honestly think will happen is that instead of introducing taxes, the tax havens will start to close (or close entirely) the process of naturalization thus limiting themselves only to their citizens and the future generations of those citizens. High-tax = Few if any businesses. A perfect example is Western Europe, AU, NZ, CAN & UK. All insanely high-tax and all failing rapidly. Literally every week another business goes under or moves to a low-tax country. The response is always "make taxes higher" and "ban wealth from leaving the country". Then they wonder why everything is falling apart. The whole concept of Income Tax is perverse and should never be tolerated or accepted anywhere! If countries were run correctly, the import & export duties, sales taxes and tourist taxes should cover the entire expenditure of the country. Its the embezzlement, excessive welfare expenditure and failure to actually get "good normal market pricing" on contracts; everyone knows when the govt tender something out, that everyone increases the prices "because its the govt", completely forgetting that the money is actually their taxes, resulting in a race to the bottom.