The State of New Hampshire is one of nine states in America that does not levy a personal income tax on most forms of wages or income.
FORBES: In "Live Free or Die" New Hampshire, The U.S. Looks For Tax Leadership
It will charge only 15% corporate-profit tax and levy no income taxes on the finance professionals, lawyers, accountants and creative people it hopes eventually to attract.
ECONOMIST: China��s capital controls: The more special economic zone | The
Costa Rica's government has sent bills to congress that would tax money earned abroad, levy the sales tax on services as well as goods, and introduce a single form for income tax.
The 15% levy on capital gains and dividends to individuals is thus a double tax that takes the overall rate on that corporate income closer to 45%.
Under the 2010 health law, high-income households will pay an additional 0.9 percent Medicare payroll tax and a new 3.8 percent levy on investment income such as capital gains and dividends.
FORBES: Taxes and Paul Ryan's Budget: What's Clear, And What Isn't
In many cases, this alone eliminates U.S. tax liability, since many foreign countries already levy stiff income taxes on all within their borders.
This levy, which places a 3.8% tax on various forms of investment income for individuals, trusts, and estates, has been referred to by a number of names.
FORBES: What the New 3.8% Medicare Surtax Means for You And Your Investments
Hungary has set corporate tax at 16%, Slovakia has a flat 19% levy for corporate and personal income, and Estonia levels no tax at all on reinvested profits.
And as part of any deal, it wants Congress to affirm that the states can't levy other taxes--such as a corporate income or franchise tax--on companies without facilities in a state.
Mr. Obama is reproposing the "Buffett tax" on millionaires that would raise the levy on capital gains, dividends and other investment income to 30%.
By law, on top of his income-tax bill any registered church member must pay a levy of 8-9% thereof into church coffers.
Surprisingly, Mr Steinitz has raised VAT from 15.5% to 16.5% (but had to drop a proposal to levy it on fruit and vegetables), while embarking on a seven-year plan gradually to reduce company tax and income tax instead.
应用推荐