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You may have heard about the Global Minimum for big businesses. This is essentially a tax regime whereby adhering countries impose a certain minimum tax rate on the income of corporations that are subject to the respective jurisdictions’ tax laws.
Each country would be entitled to share in the revenue generated by the tax. The agreement also would prescribe a definition of “income” and other technical and administrative rules.
Recently, there have been talks about The Global Minimum Tax for Individuals. In this video, Andrew explains what that means to you and shares his thoughts.
00:00 Start
00:35 The Global Minimum for Businesses
- Minimum Corporate Taxation
- What Is In The New Global Tax Agreement?
- Offshore Income
- Can A foreigner Open A Bank Account in Barbados?
- How Does Global Minimum Tax Work?
- Bloomberg
- News
- Tax Proposals
- Financial News
- OECD
02:11 New Global Minimum Tax for Individuals
- Increasing Taxes
- Citizenship Based Taxation
- Which Countries Tax Based on Citizenship?
- U.S. Citizenship
- Living in Monaco
- Second Passport
- Citizenship of the European Union
- Who Receives The Global Minimum Tax?
- Argentina
- Why Do We Pay Taxes?
04:59 Would A Global Minimum Corporate Tax Rate End The ‘Race To The Bottom’?
- FATCA
- CRS
- Income Tax Rate
- Living in Dubai
- Taxation in Andorra
- Which Countries Have No Corporate Income Tax?
- Antigua and Barbuda
06:44 The Best Places To Live
- Tax Exemption
- Moving to the United Kingdom
Taxes in the UK
- Living in the UK
- Lump-sum Tax
Living in El Salvador
- Living in Honduras
- Living in Macedonia
08:37 What Countries Are Opposed to the Global Minimum Tax?
- Pakistan
- South Africa
09:07 Business Plan
- Second Passport
- Second Residency
- Set Up A Company in the UAE
- UAE Residency
- Ultra-High-Net-Worth Individuals
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
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