If you are traveling to the USA you will certainly notice that the trend of socialism or social democracy that’s on the rise. Bernie Sanders is gaining popularity, there’s lots of pressure to raise taxes for the rich, there’s lots of talk about income inequality. The interesting thing is that the American revolution started because…

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Why is Bulgaria an interesting place? Well, we’d say that there are three main reasons: It’s easy to get a residency Low taxes Costs are quite low Bulgaria has a flat 10% tax rate and 5% on dividends. We will do a separate video and article on the topic of Bulgarian taxes. This is, in…

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Tax planning for residents of Denmark Denmark is quite an interesting place. In my opinion, Copenhagen is a mix of Amsterdam and Helsinki. There are bikes all over the place, maybe even more than in Amsterdam. Culture is very progressive and open-minded. However, taxes in Denmark are among the highest in the world. Their top…

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Today we are talking about the subject of tax residency in Norway. Norway is one of the most affluent countries in the world. GDP per capita is within the top five. Like other Scandinavian countries, Norway has quite high taxes. It also has a good quality of life and good social programs. Because they have…

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Finland is famous for a couple of things. Finnish people are the number one coffee drinkers in the world! Besides coffee they also enjoy saunas. Here you will be able to find a sauna in a Burger King fast-food restaurant. Downtown in Helsinki there is a famous Ferris wheel that has a sauna pod. So…

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Sweden is one of the places with the highest taxes in the world! If you earn wage here, the top tax bracket is taxed at 58 %, plus there are social contributions for the employer (around 31%) and there are pension contributions (7%). Having those percentages in mind, it’s clear that you have to give…

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Estonia is an interesting country! It is a former Soviet block country at the coast of Baltic sea which connects it to the neighboring Finland.  It is quite different from other countries that shared unfortunate communist past. Estonia, back at the time had Western media. Soviet government was unable to block radio and TV signals…

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Opportunities in Dubai  Dubai is an interesting place for business owners. You probably noticed socialist trend that has been growing in recent years, all over developed world. Lots of people and politicians believe that nobody should be very wealthy, and that those who make big amounts of money should be taxed heavily (even more than…

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Tax Treaties  Tax treaties are introduced in order to avoid double taxation.   Let’s say that you have a company in Canada but are also doing some business in the USA, so you have an office there. So the USA will want to tax you because you have an office there, but Canada also wants to…

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International tax planning for Italians    Any time we look at international tax planning we want to pay attention to the three pillars of residency:    -Residency of the company. You will want to have a company that’s outside of the country in order to decrease the amount of tax paid.   Italy’s base tax rate…

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