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Old 12-22-2015, 09:06 PM
 
919 posts, read 455,409 times
Reputation: 363

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Quote:
Originally Posted by AFP View Post
Sorry you are mistaken they have worn western shoes for generations even the poor people.
Hm... I thought the story was famous but apparently not. Let me google it:

“Nobody Wears Shoes”
Two men were assigned to sell shoes to a remote backward people. As they sent in their reports, one man explained his lack of success with the complaint with this excuse: "Nobody wears shoes here." The other man reported his success in glowing terms, and then said, "This is the best territory I ever had! Nobody wore shoes before I came, but now they do!"
This is what I intended to mean.
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Old 12-23-2015, 05:58 AM
 
1,788 posts, read 986,688 times
Reputation: 1063
Quote:
Originally Posted by cmptrwlt View Post
The corporate tax in Denmark is 23.5%. In the US it is 35%.
Still very far from an "offshore heaven". I'm pretty sure there are at least 10 countries with 0% tax and more than 5 with just 10-15%. 30+ countries far lower than Denmark.
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Old 12-23-2015, 06:45 AM
 
404 posts, read 229,573 times
Reputation: 462
Quote:
Originally Posted by euro123 View Post
Still very far from an "offshore heaven". I'm pretty sure there are at least 10 countries with 0% tax and more than 5 with just 10-15%. 30+ countries far lower than Denmark.
Tax burden is just one aspect in a long list of what makes a great business climate: Infrastructure, skilled labour force, political stability, grographical location, corruption, openess of the economy etc.

All of the countries in the top of Forbes list do pretty well in all of these aspects.
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Old 12-23-2015, 08:32 AM
 
Location: NO
4,584 posts, read 4,774,070 times
Reputation: 3386
Quote:
Originally Posted by euro123 View Post
Still very far from an "offshore heaven". I'm pretty sure there are at least 10 countries with 0% tax and more than 5 with just 10-15%. 30+ countries far lower than Denmark.
So why are not Apple, Google and Facebook based in Cayman Islands? Most of their profits end up in the Caribbean.

Double Irish arrangement



"In 2014, the Irish government announced that companies would no longer be able to incorporate in Ireland without also being tax resident there, a measure intended to counter arrangements similar to the double Irish. Irish Finance Minister Michael Noonan addressed the "Double Irish" during the presentation of his 2015 budget. Under the new rules, companies not already operating in the country may not pursue the “Double Irish” scheme as of January 2015; those already engaging in the tax avoidance scheme have a five year window until 2020 to find another arrangement."
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Old 12-23-2015, 02:53 PM
 
Location: Cannes
1,853 posts, read 777,532 times
Reputation: 1107
I was thought that the best place to do business had the following: Great logistics, low taxes, skilled workers and resourceful.
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Old 12-24-2015, 09:49 AM
 
1,788 posts, read 986,688 times
Reputation: 1063
Quote:
Originally Posted by TheDentist
Tax burden is just one aspect in a long list of what makes a great business climate: Infrastructure, skilled labour force, political stability, grographical location, corruption, openess of the economy etc.

All of the countries in the top of Forbes list do pretty well in all of these aspects.
I was just stating facts, no need to "twist" the topic in another direction...
I'm not saying corruption is a myth in the Cayman Islands or elsewhere.

@cmptrwlt: "Scheme" is laughable word here. If it's legal it's not "scheme". Is Gerrard Depardeiu a criminal now that he decided to drop his affiliation with France in order to abandon the ridiculous 70% tax (in his case)?
I'd encourage everyone to look for a way to pay lower taxes, for as long as it's legal.

Btw: Serious guess is Google, Apple and the rest chose Ireland for yet another reason: Language.
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Old 12-25-2015, 04:51 AM
 
391 posts, read 438,362 times
Reputation: 264
This list is based on what? Pretty useless list that looks like socialist propaganda. Denmark best for business? Why? US, China, Russia, Germany, France, UK, India, Brazil are obviously the best countries in the world for business since they have the biggest domestic markets.
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Old 12-25-2015, 11:49 PM
 
Location: Turku, Finland
23,399 posts, read 14,593,283 times
Reputation: 10330
Quote:
Originally Posted by svedski View Post
This list is based on what? Pretty useless list that looks like socialist propaganda. Denmark best for business? Why? US, China, Russia, Germany, France, UK, India, Brazil are obviously the best countries in the world for business since they have the biggest domestic markets.
Ok, let's take Russia for example. When the government decides to shut you down because your competitor has bribed state officials, it's still a better place for business than Denmark? I don't think so.
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Old 12-26-2015, 02:19 AM
 
391 posts, read 438,362 times
Reputation: 264
Quote:
Originally Posted by Ariete View Post
Ok, let's take Russia for example. When the government decides to shut you down because your competitor has bribed state officials, it's still a better place for business than Denmark? I don't think so.
Yes it is, because you can bribe the government officials too. Also, these things are happening less and less.

It also helps when you only have to pay 10% in taxes, compared to 50% in Denmark.
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Old 12-26-2015, 03:01 AM
 
Location: Hamburg, Deutschland
1,210 posts, read 434,308 times
Reputation: 1641
Germany under Lithuania? That's just wrong!

But then they are both above the United States, and that is good.
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