Have you heard of the DAC6 mandate? If not, you will definitely want to read on as it can have a significant impact on your taxes. DAC6 might sound new, but it is in fact the sixth amendment to the Directive on Administrative Cooperation, or DAC for short, which has been around since 2011.
The implementation of CRS has made offshore banking and taxation increasingly complex. Let's look into the history of CRS to develop an understanding of the legislation and how it affects your taxes.
As a freelancer, you have the freedom to live in whichever country that offers the best possible tax and lifestyle benefits. So, if you’re a freelancer, you may wonder, what country is best to live in?
Powerful passports make traveling between countries easier. Discover which countries have the best passport index rankings and why they make great destinations.
Every nation has different tax codes, so if you find yourself wishing you paid less, had more privacy, or had increased flexibility, incorporating your corporation abroad might be the solution for you. But, what are the best jurisdictions for incorporation?
Permanent establishment is a term that governments use to tax foreign companies that operate in their nation. Being defined as a permanent establishment can lead to heavy taxes being levied on your company, so it is important to know the tax codes of jurisdiction that your business is operating in.