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Old 11-23-2007, 05:43 PM  
Vendot
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Join Date: May 2002
Location: Malaysia
Posts: 3,376
Quote:
Originally Posted by Diligent View Post
Sounds like an idea... to get an apartment there and stay for ~190 days/year at least, and incorporate in Isle of Man. Looking kind of attractive.. ;)
If you personally earn $50m in Bulgaria, you will pay $5m income tax

If you personally earn $50m in Isle of Man, you will pay $200k income tax (because max income tax paid in any yr is £100k or approx $200k)

Thats why PokerStars & Neteller is out there. So it depends where your at in your biz, but youll probably have a more enjoyable lifestyle in Bulgaria
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