/Tag:tax-free

New Dutch Tax Plans

After long political discussions and negotiations, four major Dutch political parties reached an agreement and formed a coalition. The new Dutch government will likely be presented to the public on 26th of October 2017. The coalition presented its policy plans for 2017-2021. Together with changes in the fields of employment, education, healthcare, immigration policy, the coalition [...]

Free Zones in Georgia

Georgia, a gateway between Europe and Asia is a compelling jurisdiction, which offers competitive business advantages to start-ups and established enterprises. In order to maintain economic growth, enhance industrial competitiveness, and attract foreign investment, the Georgian government adopted a law providing for the establishment of four free industrial zones in strategic locations, namely, the sea port [...]

The US provides tax benefits for hiring your own children

In the US, the Internal Revenue Service (IRS) offers tax incentives for self-employed individuals who would like to hire their own children. Such initiatives aim at supporting small family businesses and assisting families in teaching children about good work ethic and value of money.   The salary paid by parents to an employed child under 18 [...]