Tax free trading in Bali

Discussion in 'Taxes and Accounting' started by Maverick2608, Jul 26, 2023.

  1. virtusa

    virtusa

    I think nobody on ET would be taxed at 15%.
    The global minimum tax rate would apply to overseas profits of multinational firms with 750 million euros ($868 million) in sales globally.
     
    #11     Jul 26, 2023
    rb7 likes this.
  2. #12     Jul 26, 2023
  3. I would not want to live in Dubai, but thats just personal taste. No true culture, no history, just some of the worst stuff western modern development has to offer piled up in the desert, built up by modern slavery.
    But of course everybody is different, one man's paradise is another man's hell.
     
    #13     Jul 26, 2023
    rb7, daanipd and tetramorium like this.

  4. Yes, thats one part of that shithole, but there is much more.
     
    #14     Jul 26, 2023
  5. tony.m

    tony.m

    Depending on your trading style, Singapore can be tax free.
     
    #15     Jul 26, 2023
  6. mervyn

    mervyn

    not many can afford living in Singapore as an expat, they are discriminated foreigners in terms of pricing.
     
    #16     Jul 27, 2023
    tony.m likes this.
  7. lpope

    lpope

    In practice, you can live tax free in Bali on a tourist visa, which requires you to leave the country every six months. In theory, you'd need to pay Indonesian tax on your income if you're present for over half a year but there's no way to do that even if you wanted to.
     
    #17     Jul 27, 2023