Friday, November 18, 2016

New 9% Corporate Tax Rate

Hooray for Hungary!  They are trying to be competitive and attract businesses  When countries start to compete for our business like corporation do, the citizens will be the winners.

But I wish they would address their burdensome VAT.  Ireland will soon have the higher corporate tax rate of 12.5%, but because they allow exporting companies to be exempt from VAT, it is very attractive and I'm tempted to move there for that reason.

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