Re:Zero taxes for startups in Albania
by hellofunk on Thursday November 19, 2015 @07:14AM
(#10594310)
Exactly. Everyone is still taxed, is just a question of accounting as to who and how you get taxed. To say U.S. corps are zero-taxed is quite misleading.
Re:Zero taxes for startups in Albania
by winter_blue on Thursday November 19, 2015 @12:21PM
(#10596018)
Normally, with a C-Corp, there's double taxation. The company pays taxes on the profit, and then shareholders pay taxes on the dividends they receive. But what the shareholder pays is effective his individual tax -- not corporate.
And, I'm guessing Albania has individual income tax. Also, I'm pretty sure most of those countries with low or zero corporate taxes have individual income taxes.
That's not what I imagine when reading "zero taxes".