/Tag:US

MASDAR CITY FREE ZONE IN ABU DHABI

Abu Dhabi, the capital of the United Arab Emirates (UAE), is not only the cultural and political center of the country, but also one of the major commercial and industrial areas in the UAE. Abu Dhabi hosts six free zones offering advantageous business environment to foreign investors. MasdarCity Free Zone (MCFZ), a global clean-technology cluster,which specializes [...]

Google Keeps EU 10 Billion in Bermuda

Google tax strategies and accountancy practices are widely discussed topics not only in media, but also on a governmental level. News website shave recently disclosed information that, every year, Google sends profits of about EU 10 billion to the Bermuda Island, one of the world’s tax havens offering a 0% corporate tax rate. However, the only [...]

Hillary Clinton Proposes Extra Tax for Wealthy Americans

The US democratic presidential candidate Hillary Clinton proposed a 4% tax surcharge for rich Americans whose annual income is $5 million or higher. Such “Fair Share” surcharge would be applied in addition to any other income tax paid by high-net-worth individuals. Currently, the U.S.top income tax rate is 39,6% for married couples that earn more than [...]

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