Bulgaria, former Sovjet country, now a tax haven!

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10 % flat tax

A former Sovjet country is nox a tax haven for entrepreneurs in Western European countries. Bulgaria has a flat tax of 10 %, on all possible forms of income. Income from labour, rent, interest, dividends,… it is all taxed the same way, 10% on everything.

On top of that there is a Value Added Tax of 20 % on consumer goods.

And that is it!

Simple, clean, honest, and apparently it works. For the budget, the pension system, etc…

Who would have thought?

Sincerely,

Pele23

Posted Using INLEO



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4 comments
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Taxation is theft

Posted using LasseCash

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Crypto scams are theft. You promote them. What's your point?

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(Edited)

I agree that scams are theft and violating the non aggression principal, but I dont promote scams, I promoted some of the best cryptocurrencies over time... one prime example was HEX which did 10000x in 1,5 years...

Now it seems like I go back to Titan X soon, as it has big potential... I am not sure.

I also promoted Bitcoin back in 2013/2014... and then I left it because it has problems... today obviously the pollution alone is a problem, but also that it cant be used for payments, its slow and expensive to move and so on..

DPOS are better, like LasseCash forinstance... no fee, no pollution.

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