Samuel Hapak

3 years ago
The Estonian already solved this problem.

Check out how their tax system works:
https://en.wikipedia.org/wiki/Taxation_in_Estonia#Corporations.2Flegal_persons_income_tax.

It treats domestics and foreigners in the very same way and it is very investment friendly system.
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You should check how Estonian tax system works:
https://en.wikipedia.org/wiki/Taxation_in_Estonia

It is very similar to what you propose, but they solve few of your problems:

- There is no dividend tax, instead there is corporate tax that is applied at the moment when dividends are paid of.

- There is no capital gain tax, instead people pay taxes when they sell their shares.

- There is also ability to have special investment account that is exempt from paying taxes. You pay taxes only when you transfer the money to your personal account to actually use them.

All of these principles are very investment and business friendly and they share very interesting philosophy: "Act like the state is responsible investor in the business. You just don't take money from business when this money could generate more profit later"
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Samuel hasn't commented yet.

3 years ago
You should check how Estonian tax system works:
https://en.wikipedia.org/wiki/Taxation_in_Estonia

It is very similar to what you propose, but they solve few of your problems:

- There is no dividend tax, instead there is corporate tax that is applied at the moment when dividends are paid of.

- There is no capital gain tax, instead people pay taxes when they sell their shares.

- There is also ability to have special investment account that is exempt from paying taxes. You pay taxes only when you transfer the money to your personal account to actually use them.

All of these principles are very investment and business friendly and they share very interesting philosophy: "Act like the state is responsible investor in the business. You just don't take money from business when this money could generate more profit later"
See more

Samuel hasn't commented yet.

Samuel hasn't suggested anything yet.

3 years ago
The Estonian already solved this problem.

Check out how their tax system works:
https://en.wikipedia.org/wiki/Taxation_in_Estonia#Corporations.2Flegal_persons_income_tax.

It treats domestics and foreigners in the very same way and it is very investment friendly system.
See more

Samuel hasn't shared any story yet.