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by anovikov
139 days ago
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It exists everywhere, why not? Apart from countries with wealth tax but these are rare exceptions. As for taxation of income derived from business, these are either completely or mostly tax-exempt in many EU countries (Cyprus, Malta, Greece for 100K a year, Italy for 300K a year, Spain if you do a lot of paperwork, Portugal in some places, probably there's more). There's no US equivalent. |
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