The Worst Countries for TAX in the World (Don't Move Here!)

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Offshore Citizen

Offshore Citizen

Жыл бұрын

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Countries with the worst taxes
Here on this channel we often talk about taxes, and the best places in the world to go if you want to save on tax. But what about the worst countries for taxes?
Today we are covering those!
We are not necessarily talking about the countries with the highest tax rates, but countries that have highly aggressive tax departments which will go over and beyond to collect your tax money.
Most of the countries on our today’s list have both high taxes, and extremely aggressive tax policies.
So in order to make it to our list country needs to have:
-high taxes
-tough tax rules
-diligent tax departments that get the job done
-hyper-aggressive and not the friendly tax man
Here is our list of the worst tax countries:
1. Australia - we said this many times and we’ll repeat it, the Australian tax department is just horrible! If you’re in Australia you need to make sure you’re doing everything 100% by the book, and the book is not quite easy on to follow. ATO is extremely aggressive and effective. They’re also quite difficult to deal with
2. Germany - no friendly tax departments at all, very efficient tax collectors, and a very high tax environment.
3. France - is an absolutely horrific country when it comes to tax! Rules are difficult and taxes are high. Taxes are even higher than they look on paper, so you’ll end up paying a big chunk of your income to the government.
4. Denmark - are you even surprised? Danish taxes are competing to be the highest taxes in the world. Rules are extremely difficult to work around, and if you live in Denmark it is very difficult to do tax planning.
5. This one is a tie between Sweden and Netherlands. The Dutch taxes are quite high and they’re good at collecting taxes, but they still offer some favorable rules for you to work with.
There are some countries that many believe should be on this list, but I didn’t include them. These would be Spain, Italy, Finland, and of course the US. However, in my experience working in the field of international tax for so long, these countries don’t come close to the ones listed above.
Australian ATO is way worse to deal with than the IRS, even though the IRS has quite a bad reputation and a longer reach.
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Author: Michael Rosmer
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Пікірлер: 148
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Follow us on Instagram 👐👐👐 instagram.com/offshore_citizen?igshid=YmMyMTA2M2Y= This is our only profile there!
@VoyagerIsHere
@VoyagerIsHere Жыл бұрын
In no particular order according to Michael - 1. Australia 2. Germany 3. France 4. Denmark 5. Sweden and Netherlands. 6. United States. Not on the list because of less aggressive follow up - 1. Spain 2. Italy 3. Finland
@kallaji7383
@kallaji7383 Жыл бұрын
German Citizen here, thanks to Michael's recommendations I managed to pull myself out of the hell hole that Germany has become.
@pinetworkminer8377
@pinetworkminer8377 Жыл бұрын
But isn't Germany more lenient on taxes when it comes to crypto profits?
@WolfF2022
@WolfF2022 3 ай бұрын
@@pinetworkminer8377 just until they figured out how they can tax it.
@dbrown101272
@dbrown101272 Жыл бұрын
I lived in SE Asia for 8 years. When I came back to Oz the ATO audited me and sent me a bill for 250k in tax due to disputed residency status. My accountant said I was screwed. However I managed to get together enough documentation to demonstrate non-residency during that period and they dropped the charge. Huge relief!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Good for you they are insanely aggressive
@mvp019
@mvp019 Жыл бұрын
Wow - good work. I used to want to live in Oz, but after COVID and hearing this, NFW. (Not that they would let me anyway at my age.)
@MyLatinLife
@MyLatinLife Жыл бұрын
Damn thats crazy
@300rivers7
@300rivers7 Жыл бұрын
I hope you fired that accountant!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
They are usually not so good at finding you though so it's a trade off
@NomadicJulien
@NomadicJulien Жыл бұрын
I heard that in Sweden they might stop you when you drive an expensive car to be sure you paid your tax. They don't like people who stands out 😆
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Yeah they aren't the only ones
@martinsjogren4366
@martinsjogren4366 Жыл бұрын
Being Swedish, but had my first job in the Netherlands I concur. All things considered Netherlands is a little bit better, but it is close. In Sweden taxes are high, the tax authorities are competent, remarkably so actually. Every time Im in contact with with them, Im like yeah, not a big fan of paying all this, but I got to give it to them, they are super helpful, clear and provide expert advice with no waiting time. Seems if you are an employee they are nice, but if you run your own small business they treat you with more suspicion (I never tried running a business in Sweden). Upsides in Sweden is no wealth/inheritance/gift tax, and quite low capital gains tax if you keep stuff in an "investeringssparkkonto". Also quite easy to get out of the tax net by moving abroad. But not the same legal tax advantaged structures and stuff the Netherlands has.
@wmike
@wmike Жыл бұрын
Having severed my ties, the tax authorities are no problem anymore. Very helpful and friendly. If "Kapitalförsäkringar" (a sort of "trust fund":y life insurance) are still around, I had an insurance guy tell me you can have almost anything put into them, he had a client put a race horse into one. Investeringssparkonto, I think, only let's you own financial instruments, OTOH. Both of these, though, take you from a capital gains tax to more of a fixed rate "wealth tax" on your portfolio, usually in the 0.5 - 1% range
@moneywise8827
@moneywise8827 Жыл бұрын
good video, very much agreed so! suprised Spain isn't on this list tough!
@dirtea
@dirtea Жыл бұрын
You're the man Michael ❤️ will definitely hit you up when my companies are at the right level!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Looking forward to it
@AzerinDenmark
@AzerinDenmark Жыл бұрын
Denmark is crazy on the list with income tax going up to 61%
@mxm7688
@mxm7688 Жыл бұрын
Great video, like always, really appreciate it, thank you Mike
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Our pleasure! Thanks for the support! Do you agree with our list? Any countries you'd add?
@AzerinDenmark
@AzerinDenmark Жыл бұрын
Denmark capital gain tax is 42% no matter if its long term or short term investments ETFs are taxed on unrealized gains
@lucasfootball637
@lucasfootball637 Жыл бұрын
Countries like Chile or Argentina for example under their current socialist/communist governments are also becoming tax hells because you pay a lot and get basically nothing in return, which is something that must be factoring in when analyzing if a country pays too much in taxes. Many rich people there are now moving abroad to other regional tax havens like Uruguay or Paraguay.
@alfinal5787
@alfinal5787 Жыл бұрын
Peru and Colombia are new joiners to the Lat Am communist club and are now fighting for the top spot. Brazil is on the edge. It’s a whole continent gone. 🪦
@dexterspeights3484
@dexterspeights3484 Жыл бұрын
Great video as usual!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Thank you, Dexter! Would you add any countries to the list?
@iro3d
@iro3d Жыл бұрын
Very useful video. Thanks!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
A pleasure! What do you think of our list? Any countries you'd add?
@iro3d
@iro3d Жыл бұрын
@@OffshoreCitizen You know much better than me. I know a bit about taxes in different countries from en.wikipedia.org/wiki/List_of_countries_by_tax_rates , but it says nothing about how strictly they enforce them.
@worldvison7589
@worldvison7589 Жыл бұрын
Why did you leave out Canada. It's amongst the worst for taxes. By the way, if anyone desiring to come to Canada, don't. It's extremely difficult to get ahead here, the cult system makes sure of that. You'll work like a slave for years paying taxes, just to retire with a pathetic pension that can't buy you anything. Go to the states instead. At least you'll have a fighting chance.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Because as bad as you might think Canada is it's not nearly as bad as these. CRA is way less aggressive and the tax rules are in most cases more reasonable
@mvp019
@mvp019 Жыл бұрын
I would have thought Belgium would have made the list, also. Another reason for Italy not being on the list is it has certain tax regimes that can be extremely favorable...but you have to set yourself up correctly.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
For the right people yes, sadly doesn't apply to many
@mvp019
@mvp019 Жыл бұрын
@@OffshoreCitizen Any person who moves there or moves back after being away for 2 or 3 years (I forget) can get out of 70% of their income tax-free for 5 years, and 90% in the south. There are also ways to extend that for after 5 years with a 50% income exemption. My fear is whether they would change the rules after arrival because Italy is an economic basket case.
@martinsjogren4366
@martinsjogren4366 Жыл бұрын
@@mvp019 But that's only 70%/90% of what they label income tax I think. Then you still have to pay social fees and stuff that are really income tax by another name, and these are very high.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Yeah I've done some videos on this and other programs in Italy. The problem is limitations on types of income, how much you make, other related costs, limitations on where you live, having been non resident, time limitations. For some it can be good but many not
@user-ov5nd1fb7s
@user-ov5nd1fb7s 2 ай бұрын
It is not particularly difficult to leave Germany. You go to the municipality, tell them you are leaving and they remove you from the registry. Then you get on the next plane and you are off. The only annoying thing is, i think, if you have received large amounts of money just after you left and they deem you left just to avoid taxes, they can still tax you up to 2 years after you leave. I left Germany couple of months ago and i am happy again. I hope, i never have to deal with germans ever again.
@mars54mars54
@mars54mars54 Жыл бұрын
😂"...well, let's just call them a*holes" 😂Sometimes only the blunt truth will do! And I agree, dealing with these are worse than paying the taxes!
@eeyagone1
@eeyagone1 Жыл бұрын
I hear you !
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Haha what do you think of our list?
@BrieKirbyson
@BrieKirbyson Жыл бұрын
Typo in your title Michael, just FYI. Great video as always :)
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
What's the typo?
@dfo990
@dfo990 Жыл бұрын
dude.. here in brazil the tributation system is so complex that you are force by law to hire an countability office to calculate you taxes...
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Yeah it's quite bureaucratic
@FighterFred
@FighterFred Жыл бұрын
Thanks!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Always a pleasure! What do you think of the countries on our list?
@FighterFred
@FighterFred Жыл бұрын
@@OffshoreCitizen Certainly true, but it's multifactorial and tax theft is only one parameter. And optimizing depends on individual choice and financial asset level. For example, Sweden on your list has a lot of billionaires despite very high taxes. So it's also a question of the globalist elite vs the people. In a communist country the nomenklatura gets very rich whereas the people gets poorer and poorer.
@martinsjogren4366
@martinsjogren4366 Жыл бұрын
@@FighterFred Yeah, interesting actually why Sweden has so many billionaires and super high wealth gini. I think the social-democrats hated the idea of having lots of successful independent minded small business owners (who would never vote for them), but quite liked having a strong industry with big companies that are easier for politicians to control, and have lots of workers that will vote social-democrat. And well, somebody had to own the big companies, and they are social-democrats, not communists after all, so it had to be private sector owned. Also, no billionaire moves to Sweden, so unlike other billionaire-heavy places like Monaco, Switzerland, Hong Kong or the UAE, it's all home grown. There is more to it than the social-democrats like big companies thing. My guesses: Not that heavy taxes on capital accumulation - no inheritance tax, no wealth tax, no tax on residential property, the crazy taxes are on consumption and regular wages. And ways to reduce capital gains tax to very low levels (kapitalförsäkring, investerarsparkonto) Quite sanely regulated economy. Bit of entrepreneurial / tinkerer spirit, and swedes are generally proud of their successful entrepreneurs , they are not seen as evil rich that should be taxed.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Yeah looking at who produces billionaires vs where they move is interesting, or even looking at deca millionaires and centi millionaires on the same basis
@FighterFred
@FighterFred Жыл бұрын
@@martinsjogren4366 True. It's a maffia, socialdemocrats in bed with owners of large companies like Wallenberg, the ultimate globalist. Very cozy arrangement, everyone gets rich except the small guy. Sort of fascism.
@TkSebastian
@TkSebastian Жыл бұрын
Can u do a video an exact opposite best tax countries .
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Well I've done videos on zero tax countries, those are hard to compete with
@bjrnbjrnsen5608
@bjrnbjrnsen5608 Жыл бұрын
I was sure Norway would be on that list. Have you looked at levies in conjunction with income tax in different countries? In Norway, there has been a definitive shift in taxation from income taxation towards increased use of levies. And an increased greenwashing of the levies, at least the last decade.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Norway definitely isn't great but at least is moderately tolerable in certain areas compared to a few of these
@iGerd
@iGerd Жыл бұрын
I consider Belgium as a extreme agressive tax collector
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
I'd say they are but not as smart about it as ones like the Dutch
@AIGenerated
@AIGenerated Жыл бұрын
Can you link to the video you mentioned about hidden taxes in France?
@mdkvalitet2623
@mdkvalitet2623 Жыл бұрын
You forgot Norway with their 1.1% wealth tax, and road taxation that is insane, true rip off country!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
It's going up yes. I don't think it's so much the fact that it's the 1.1% that's so bad so much as how it's implemented
@ErnaSolbergXXX
@ErnaSolbergXXX Жыл бұрын
I guess you can also include norway, so all Scandinavian countries are on the list
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Yeah Norway is marginally better than the others
@koogle5410
@koogle5410 Жыл бұрын
@@OffshoreCitizen thing with Norway is yes it's a high tax rate.. but you get two months tax free.. basically in June and December so all Norwegians get double pay in those months which is why they can all afford a decent summer holiday and a Xmas without a credit card!
@ErnaSolbergXXX
@ErnaSolbergXXX Жыл бұрын
@@koogle5410 that is not true. Your taxes are calculated based on the whole year. You just pay a higher rate all other months, so it looks like its no tax for these months. This is very common misconseption
@micomarinas2753
@micomarinas2753 Жыл бұрын
is it good to invest in the real estate market on both saudi arabia and egypt? this two countries are building their new mega city specially egypt they are building a themepark 4 times bigger than disneyland, a big hectares of golfcourse, a 38 kilometer park bigger than new york...etc. they will build the tallest building in the world bigger than uae tallest building.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Real estate returns tend to depend a lot on scarcity of supply.
@dvandewalle
@dvandewalle Жыл бұрын
I add Belgium to the list 🇧🇪
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Belgium isn't as bad in part because they aren't as good at coming for you, they also traditionally had less all encompassing rules believe it or not
@chocmilkisgood
@chocmilkisgood Жыл бұрын
Lol 😅 the initial cut needs to be more dramatic like "they want you to pay 60% and give no services!" It is funny to see you try to balance having an informative channel + KZbin trends
@Motivation2ActOn
@Motivation2ActOn Жыл бұрын
I would be curious what your thoughts are on US adding 87,000 new IRS employees over next 10 years.
@FighterFred
@FighterFred Жыл бұрын
With guns!
@hyperpedro2868
@hyperpedro2868 Жыл бұрын
France is hell. Tax are the highest. The system is very complicated and the tax officers are not very competent when you start asking technical questions as the system is complicated. Besides I heard horror stories about entrepreneurs who had to pay tons of fines because they had to prove everything (without intending to fraud)
@HyperspaceHoliday
@HyperspaceHoliday Жыл бұрын
USA is not the highest for taxes, but it is hands down the most complicated tax system if you're doing overseas business
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Have you ever run an overseas business?
@sgrdpdrsn
@sgrdpdrsn Жыл бұрын
In 2 of these "worst" countries we find the some of the Worlds happiest people... Why? I live in Norway with similar taxes to Denmark and Sweden and also with high prices on almost everything - and still - Norway has also may be the happiest people in the World..
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
It's a good question, curious to hear your thoughts. I'd start by saying I do question happiness research and measures somewhat. I think practically by definition it's a subjective measure so difficult to quantify and compare, heck even to define. This being said, I think one significant part of it is at scale measures of happiness are more about removing stressors and causes of unhappiness than it is about the opposite. In some senses you might describe this as the Apple approach. Apple often hasn't been the leader in much of anything but what they've done instead is given you few reasons to dislike their products. Ie might not have the best battery but not a, bad battery, maybe not the best screen but not a bad screen, not the first to have 5G but not slow, etc I think Scandinavia in general has done a, pretty good job of this. Crime isn't very high. People tend not to be in poverty. People tend to be able to get decent medical care and education. They tend not to be over worked. They tend not to work so little they lack purpose. I should also say just because the taxes are terrible to deal with doesn't mean I'm not a fan of the Scandinavian countries in a lot of ways. I actually think Norway and Sweden are countries to be admired in many regards in how they are run. Norway with the well enshrined egalitarian principles and excellent handling of their oil royalties for example. And I frequently use Sweden as an example of how education can be done much better with the voucher system for funding following students and private schools competing for those education dollars they've done a great job in many things of balancing market forces with government unification. It's also cool that they are often praised as models of equality melded with decent success for the people and yet are some of the only countries in the world with no minimum wage, an example of how they are alternative and perhaps better ways to solve things.
@difference018
@difference018 Жыл бұрын
The reality is that almost no one cares about taxes as long as they have food to eat and a roof over their heads. Scandinavians are happy because the government is holding up their end of the bargain by providing their citizens with decent jobs, homes, and safety nets. What more do you want?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
I haven't met many people who are happy about paying their taxes or don't want to reduce them and this grows the more money you make because the exchange becomes less even. If you make $60k/yr the taxes you pay are probably worth what you're getting, I talked about this in a previous video. If you make $2 million/yr what you're getting almost certainly isn't worth it.
@crinsb
@crinsb Жыл бұрын
California has a cap gains rate around 38% - is there any large country with a higher CGT rate than that?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
A bunch of countries tax cap gains as regular income but yeah California sucks
@GG-qg3dm
@GG-qg3dm Жыл бұрын
Where do you recommend to open a sole trader company?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
That depends on your specific situation. There's no one size fits all. Every situation is different and calls for different solutions. Happy to work on what's best for you. Feel free to reach out
@mjwmontgomery
@mjwmontgomery Жыл бұрын
France can be ok for investors. Lots of tax legal shelters, for example real estate, PEA. You need a good tax expert.
@hedylamarr1637
@hedylamarr1637 Жыл бұрын
US has 40% inheritance tax..money grandkids won't get for education..deposit on house.. Australia has 0%...huge difference
@difference018
@difference018 Жыл бұрын
You are missing one important criteria which is value. Paying high taxes in Scandinavia is not the same as paying high taxes in the US or other areas of the EU. The former provides value back which is why Scandinavians have a high QoL and ranks high in many metrics. I cannot say the same for Americans who pay high taxes and not getting much in return.
@intellectualgladiata
@intellectualgladiata Жыл бұрын
I think the country that is totally the worst deal is Australia. While it is only slightly lower than the Nordic countries for overall levels of taxation you truly get close to nothing in return for what you pay. I would even go further and say that if you're a high income earner in Australia the levels of taxation after all the indirect taxes come into play that those Australians would be the highest taxed people on Earth.
@avantachaser
@avantachaser Жыл бұрын
In germany or scandinavia you have a high qol if you have psychiatric issues and have 10 kids. If you are single and a normal person who finds a job and works it is barely heplful.
@difference018
@difference018 Жыл бұрын
@@avantachaser Even single folks with a job needs to worry about economic mobility, healthcare, safety, and political stability. Scandinavia ranks very high in all of these categories despite being a high tax nation.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
First, this is a video about worst taxes not best places to live or not. And Denmark is objectively by far one of the worst in the world for taxes. As for quality of life, etc. Scandinavia does a bunch of things pretty well. Then again averages are super deceptive as they say the average person has one beast and one testicle. For business owners I'd say Scandinavia has pretty poor trade offs. If you're wanting to avoid low socio economic standards and earn a middle income yeah Scandinavia is quite competitive. Don't get me wrong, there's lots to admire there. I routinely rank Norway and Sweden as two of the countries I consider to be some of the better run and better for their people vs most of the rest of the world. On the other hand the trade offs aren't so clear as you're stating comparing to say the US. For instance looking at Denmark vs the US let's use Texas for an easy example. Denmark taxes are about 20% higher plus much higher socials (let's remember the total cost of healthcare is less than 20% of GDP so the trade off there isn't worth it). The tax brackets are also lower in Denmark so it takes much higher income to hit the top brackets in the US. Wages are also much higher in the US vs Denmark for equivalent positions at least in the mid to high end. Where Denmark wins is in low end positions, poverty isn't such a thing there. If you've got kids there's lots of advantages in Denmark and safety is something. Overall not a clear winner, depends a lot on your situation and what you value.
@avantachaser
@avantachaser Жыл бұрын
@@difference018 yes and you can worry about these things when you earn AT LEAST 2x in the US or Canada for the same job. I tell that because i live in Germany. Trust me who makes >60k year would not even care about shitty public health insurance and "arbeitslosengeld". These things force people to be quite average and not take risks at all. Whereas the video is mostly about doing business and avoiding high taxes etc.
@michaelgreen5515
@michaelgreen5515 Жыл бұрын
Did not know about Australia, but the rest don't surprise me. EU billions in debt like most western countries so someone has to pay to keep the shit show going.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Haha what surprises you about Australia being on the list?
@samalexander5236
@samalexander5236 Жыл бұрын
Opinion on CRA?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Not nearly as aggressive as these... Plus Canada has fairly decent international tax laws
@WolfF2022
@WolfF2022 3 ай бұрын
The devil lays in the detail, yes Germany is bad regarding taxes, even if you are just a middle class person you need a specialist who helps you make your tax form, otherwise they tax you higher, but on the other side Germany is better than Swiss, Italy, Spain, and a lot of other countries regarding net wealth tax, which is paused in Germany since years, in Italy you pay even for real estate in other countries, in Spain just certain regions have net wealth tax starting at higher amounts or paused it like Madrid, if I`m right informed. Colombia, Ecuador, Argentina, ... have also net wealth tax.
@clemenswittmann4852
@clemenswittmann4852 Жыл бұрын
Curious why you say its hard to become a non-resident of germany, I thought it just coincided with spending less than 6 months in germany and deregistering in your local town/district
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
No when you dig into it they will consider you resident based on a host of other ties
@martinsjogren4366
@martinsjogren4366 Жыл бұрын
@@OffshoreCitizen Yeah, if you keep a car in Germany, or a key to an apartment (there is a word for that Schlussel-something), or even a gym membership or a bank account, they can deem you tax liable in Germany after you move out. The law says: "natural persons whose residence (section 8 of the Fiscal Code [Abgabenordnung]) or habitual abode (section 9 of the Fiscal Code) is located in the Federal Republic of Germany are subject to unlimited tax liability. A person is deemed to be resident at the place where they maintain a dwelling under circumstances indicating that they maintain and use that dwelling (section 8 of the Fiscal Code). " And German tax authorities seem to interpret this "habitual abode" thing pretty openly. Also Germany has an exit tax if you own more than 1% of a business registered anywhere in the world.
@WolfF2022
@WolfF2022 3 ай бұрын
@@martinsjogren4366 yes, even if your parents have a guest room in which you dwell at visits they consider you to be a tax resident. That bank accounts and cars lead to this I didn`t know, maybe you`re right, but I guess on this point you`re not right that would go a bit to far.
@Hunters61
@Hunters61 Жыл бұрын
I thought they'd be: 1. USA 2. USA 3. USA 4. USA 5. Australia, Canada, Germany, Denmark
@mvp019
@mvp019 Жыл бұрын
The problem is in the USA, the main thing you get as a citizen for your tax dollars is nothing. Well, regime change wars, but besides that, nothing.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
What makes USA the worst in your opinion?
@enjoyslearningandtravel7957
@enjoyslearningandtravel7957 Жыл бұрын
@@OffshoreCitizen taxing US citizens even when they do not live in the United States.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Yeah that's very annoying, at least there is Puerto Rico for those willing to go GILTI tax also made things much worse for Americans
@YasinNabi
@YasinNabi Жыл бұрын
You always have an excuse that stops you from starting a business, Then you are the one to demolish the excuses and get started ! a fellow creator'''';
@JVJ_2000
@JVJ_2000 Жыл бұрын
Michael, is your voice ok ? Sounding a bit coarse in the video.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
All good, thanks for your concern. How did you like our list?
@adesertdiva
@adesertdiva 2 ай бұрын
Wow. Not Canada??
@BitcoinBitz
@BitcoinBitz Жыл бұрын
put Canada on the list
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
No it's objectively not as tough as these
@tribute_to8496
@tribute_to8496 Жыл бұрын
Interesting spelling for "world" there 😄
@omarselim3787
@omarselim3787 Жыл бұрын
so italy are they in tax? weak in law?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Italy has tough laws but they are disorganized
@ErnaSolbergXXX
@ErnaSolbergXXX Жыл бұрын
Australia have allways been a prison
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
What makes you think so?
@mrmc2465
@mrmc2465 Жыл бұрын
@@OffshoreCitizen I think he is referring to their history as a penal colony
@PSKuddel
@PSKuddel Жыл бұрын
What is the basis for your assessment?
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Didn't you watch the video? It was explained there
@PSKuddel
@PSKuddel Жыл бұрын
@@OffshoreCitizen I don‘t mean the criteria, I mean the exact placement of a country for the criteria. How do you come to the conclusion, that X are bigger assholes than Y and Y are bigger assholes than Z?
@coopsnz1
@coopsnz1 Жыл бұрын
Australia
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Haha it definitely is high up there. Have you seen some of our videos on Australia? :)
@nattyb2723
@nattyb2723 Жыл бұрын
Hi bro how are you doing I send you a Gmail but no respond
@nattyb2723
@nattyb2723 Жыл бұрын
Hi bro I send you a Gmail but no response
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Send a message through our website we don't use Gmail
@SenorJuan2023
@SenorJuan2023 Жыл бұрын
First comment!
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Thanks for the support! How did you like the video?
@SenorJuan2023
@SenorJuan2023 Жыл бұрын
@@OffshoreCitizen Super fantastic!
@yungnabz220
@yungnabz220 Жыл бұрын
UK has to be on top of this list
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Not even close, UK is actually pretty good by the standards of first world countries
@darren253
@darren253 Жыл бұрын
Taxes pay for services such as Hospitals, Police etc. If your wealthy why should you not pay taxes.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Do you think only the wealthy should pay the taxes?
@coopsnz1
@coopsnz1 Жыл бұрын
@@OffshoreCitizen corporate tax more rhe wholesale prices go up for franchise = higher prices for consumers
@WolfF2022
@WolfF2022 3 ай бұрын
Where have you learned this? Where is the law which requires taxes are used for such purposes? In Germany they aren`t just used for this purpose, the streets are bad but they put the money to fund illegal migration.
@justgotravel6646
@justgotravel6646 Жыл бұрын
5:41. I think you said it between the lines. Denmark Tax system have for many years been based on trust. You completely forgot two aspect in you analysis.. what do you get in return for your taxes and why do you think the control gets worsen over years. Denmark is the top 10 in less corrupt countries in the world - but use your analysis to put one and one together to figure out why we have increased control! The influx of foreign cultures who take any opportunity to cheat on taxes. There is a reason why UN nominated Denmark as the happiest nation in the world, either 1 or 2 for 10 years in a row.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
See my reply on an early comment regarding the happiness thing and the pros and cons of the Danish system
@othername2428
@othername2428 Жыл бұрын
Why do you never talk about your credentials? "Who are you and why should we listen to you?" How/why are you an expert? How/why are you qualified to do what you do? I've been watching your channel for a long time and I still have NO IDEA what makes you qualified to teach/do this. So you/your website helps businesses/people do X..okay, but how did you get here? What makes you an expert? (Not berating you, just have no idea how/why you are qualified. As someone who helps businesses grow and market themselves better, just giving some constructive feedback) You really should do a better job of intro'ing yourself in your vids. Andrew Henderson does a great job at this. He explains in every single intro why/how he is an expert, why/how he is qualified to do what he does, and his personal journey of how he got to where he is.. Talk about yourself mate, people want to hear about you!! Also tell us in each vid what location you're at, we're curious to know:) Also you really gotta stop speeding through and MUMBLING/SLURRING your website in every video. Be clear and confident when you pitch your calendar...nobody can understand what you're saying when give your web address! All I ever hear is "forward slash" and I can never comprehend what you're saying before or after. SLOW DOWN, speak CLEARLY, and ANNUNCIATE your words when giving your contact info.... and for godsakes ...WHY should we listen to you? What makes you an EXPERT? How did you get to where you are? You never once talk about these. You need to close these open loops in people's minds, because I guarantee 70-80% of your viewers are wondering exactly that. Tell us who you are, not just that you can help. WHY can you help? WHY/HOW are you the go-to expert? Hope that makes sense. You gotta close these open loops in your prospect's minds. 👍
@nothingness1425
@nothingness1425 Жыл бұрын
Don't talk on behalf of others. Call the guy and ask him personally - "what makes you an expert"? Otherwise, simply don't watch the videos. He doesn't owe you anything.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
You can learn all about my background in this video kzbin.info/www/bejne/iKHLloOVmLGpd8k
@othername2428
@othername2428 Жыл бұрын
@@nothingness1425 it's called constructive criticism.
@othername2428
@othername2428 Жыл бұрын
@@OffshoreCitizen that's great, thanks for sharing that one video that's buried amongst all your hundreds of others. Now summarize it and share that in the intro of all your videos. Your bank accounts and viewership will thankyou in a year from now and ongoing. ;) source: Business growth expert, $20M+. Love your channel/content, btw. Wish you much (more) prosperity. All the best.
@Montoursz
@Montoursz Жыл бұрын
Micheal puts out the actual information, where as all Andrew does is trying to sell his overpriced services, never ever heard him say something of value.. Micheal puts out so much great info and keeps us updated on the latest tax news with a very objective view in my opinion. This channel isn’t all about generating clients for his business.. And I big fan of his way of presenting.. Objective, down to earth and gets to the point.
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