best tax situation

hey...

the best tax situation in the world is probably United Arab Emirites with 0% income tax right???

then maybe HONG KONG

and the former soviet countries...

right?

 

You want to move there ?

 

not really but as far as i know UAE has the best income tax situation...

HONG KONG, i might move there, its a great city...

former soviet countries, again not really

 

Move to the Seychelles then.

 

whats up with Seychelles and taxes???

please enlighten me..

thanks!

 

Florida has 0% income tax as far as I know...you still have to pay federal, put hey, thats better than paying both.

 

If you're thinking of relocating, check Expat Destinations.

 

well washington has no income tax either

 

So no one in Florida or Washington has to file a state tax return ?

 

that would be correct. only file federal....thats the reason that Florida is such a retirement haven...

 

Interesting that they still manage to make ends meet on 1/2 the revenue that other states collect.

 

imagine what would happen if they let oil companies drill several miles off the shore...they could really be rolling it in...

 

Texas also has no state income tax.

 

yeah states with both state income tax and sales tax suck

you have to pay double!!!