Campione d’Italia is a municipality of the Province of Como in the Lombardy region of Italy. This postage stamp exclave only totals 1.6 km2 and is surrounded by the Swiss canton of Ticino. Campione is very integrated with Switzerland, both administratively and economically. For example, Italian citizens residing in Campione have the Swiss franc as…
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The benefits of using a private company to accumulate investments include: Company tax rate of 27.5% (which will eventually reduce to 25% by 2025). Ability to retain profits after tax (important in the lead-up to retirement when individual taxable incomes can be high). Fully franked dividends can be accumulated tax free due to the dividend…
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Average weekly pay: $1,000 Employment size: 107,700 Future growth: Decline Skill level Certificate II or III Bookkeepers maintain and evaluate…
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The brick tax was a tax on bricks and tiles introduced in Great Britain during King George III’s reign to help pay for the wars in the American Colonies. The tax was originally levied at the rate of 2s. 6d. per 1000 bricks, 3s per 1000 plain tiles, and 8s per 1000…
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Capital city: Bandar Seri Begawan Currency: Brunei dollar (BND) Population: 417,200 Language: Malay GDP: …
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Objectives: Tony, a Singapore national, wants to invest $3 million into Australian commercial property. Tony believes this will diversify his investment portfolio so reducing risk, whilst providing attractive long-term capital growth opportunities. Facts: Tony is flush with funds so doesn’t need to borrow to fund the investment. Over time Tony will make further…
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Average weekly pay: $1,200 Employment size: 126,300 Future growth: Stable Skill level Certificate II or…
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In 1784 Pitt the Younger introduced a tax on men’s hats to raise government revenue. The government believed the tax would be equitable as the rich would have a large number of expensive hats, whereas the poor might have one cheap hat or none at all. Ladies hats were exempt from the tax. The hat…
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Capital city: Gaborone Currency: Pula Population: 2,250,260 Language: English GDP: …
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Frank Genovesi’s new tax planning book shows how a home business can offer significant and lasting business, taxation, wealth and lifestyle benefits. Get your copy here through Amazon.
Read More »"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2