Best European Countries to Trade from

Discussion in 'Taxes and Accounting' started by countercountertrend, Jan 2, 2015.

  1. Hittfeld

    Hittfeld

    Getting a residence permit for Liechtenstein is muuuuhch harder than geting a green card

    Regard
     
    #11     Jan 3, 2015
  2. Hittfeld

    Hittfeld

    Could you kindly indicate which country you chose?

    Otherwise I can only confirm your report regarding the countries you mentioned. Still Sweden, the Baltic states, Poland (19% flat), Bulgaria and Greece ( 0% on trading) might be interesting if you can accept the local standards of livig. Not to mention Moldavia, Ukraina, Georgia etc.

    Thanks
     
    Last edited: Jan 3, 2015
    #12     Jan 3, 2015
    Maverick2608 likes this.
  3. Hittfeld

    Hittfeld

    you better check with the new regulations in Andorra.
     
    #13     Jan 3, 2015
  4. Ditch

    Ditch

    Last edited: Jan 3, 2015
    #14     Jan 3, 2015
  5. I made an application in 2013. I have all these judgements, spoke with tax specialists and big lawyers firms in the Netherlands, spoke with the tax office Rijnmond which is the ONLY office in the Netherlands that can make rulings. The judgement you speak about had as only purpose to save a lot of money for the Dutch Governement. If this man would win this proces ALL dutch investors that make losses would be able to deduct these losses from their income. It would cost a fortune to the Dutch Government. So the judge had no choice, it was a political judgement. But what is so dangerous is the arguments that the court used. According to lawyers I contacted there is enough room to make the interpretation in such a way that someone who would declear a few millions would have to pay 50%. Laws and judgements can be used in many ways, that's what lawyers do, but also tax people. Famous Dutch lawyers told me that they could not give me any garantee that I would not pay more than 1,2%. I asked at the Ministerie van Financiƫn to confirm me that according to the judgement that you refer to I would be taxed in Box3 which means 1,2%. They refused to confirm, not only in writing but also verbally.
    I read the internet too, but if what I read is not confirmed by real specialists, then I don't trust the internet.
     
    #15     Jan 3, 2015
  6. Not only Liechtenstein is difficult. There is no easy place where you can go and pay almost nothing. Everywhere you will meet problems. Except maybe in Russia.
     
    #16     Jan 3, 2015
  7. :D
     
    #17     Jan 3, 2015
  8. Hi, I actually think Sweden is a great place to live but it was my impression that income taxes are very high there (over 50% for highest bracket), do you have any specific information on how they tax traders?
     
    #18     Jan 3, 2015
  9. Ditch

    Ditch

    Unless you speak Dutch and have a sound understanding of Dutch tax law, which would require advanced courses on academic level, you're not able to comprehend and correctly interpret the ruling of the Supreme Court. Of course the tax authorities will decline to offer you a ruling, we're not talking Apple or Starbucks money here. And the fact that tax lawyers can not guarantee you application of box 1 might have something to do with you managing other people's money or your trading being funded by third parties. Is that the case?
     
    Last edited: Jan 4, 2015
    #19     Jan 4, 2015
  10. Ik spreek uitstekend Nederlands en versta ook elk woord in die taal wat logisch is gezien mijn afkomst. I speak very very very fluently Dutch and I only manage my own money. My lawyers and tax experts were from The Netherlands too. If you can garantee me that I will only pay 1,2% on trading my own money I will happily return to The Netherlands.
     
    #20     Jan 4, 2015