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Ask HN: First world country with simple tax system?

13 pointsby hermanthegermanalmost 14 years ago
Is your country's tax system easy to understand ? In particular, for people who work on their own or as entrepreneurs. Just out of curiosity. I'm german, and we produce more than half the tax related literature in the world.

3 comments

curtalmost 14 years ago
For true first world Hong Kong and Singapore are an entrepreneurs dream. They are both usually rated as the 1st and 2nd most free places on the planet. Every country in the world should copy their system of taxes, regulations, and bureaucratic environment. Their idea is to just minimize the burden and get out of the way. Just look at the results, they went from complete poverty to two of the richest places on the planet in a matter of decades.<p>Russia, while not really first world or really safe it has a ridiculous simple tax system designed by Milton Freeman and the guys at UofC. Most of the former Soviet Bloc countries have adopted similar systems. One single flat rate, minimal deductions, how every system should be.<p>As a side note, when I do business in Asia I usually always go through Hong Kong or Singapore, makes life a whole lot easier. Don't worry as much about getting screwed.
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matthaveneralmost 14 years ago
I've read Estonia has a pretty simple tax system.
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david927almost 14 years ago
Slovakia has a 19% flat tax.