Posts Tagged ‘income tax’
Andorra has abandoned its reputation as a tax haven and will soon introduce income tax, giving into the pressure of its European neighbours. This small country has always been very attractive for expat residents and property buyers, but will this change with the new income tax? Expats attracted by the idea of no tax on […]
Last month the Cayman Islands announced what amounts to the territory’s first ever income tax. The Islands have long been revered as a sunny, tax-free haven for thousands of lawyers, accountants and other workers from around the globe. Now, however, this British territory looks set to change its image as the Premier McKeeva Bush announced […]
In order to reduce the country’s national debt the French government has introduced several new tax rates. France’s newly elected president, Francois Hollande, has €1.7 trillion of national debt to contend with. With this in mind he recently announced plans to double potential capital gains tax. In addition, he also raised income tax on rent […]
As Albert Einstein said, filing tax returns is “too difficult for a mathematician. It takes a philosopher.” When you move countries, you should check whether double taxation could be a problem for you. If there are overlapping tax years, you might be in for a nasty surprise. What is double taxation?
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