If you are starting a business, there are plenty of taxes you need to think about in your financial forecasting. Lots of taxes affect business owners either directly or indirectly, from capital gains tax through to the rate of VAT on your products.
In the USA, our taxation is structured on a state and federal basis, but this isn’t the case everywhere. This great new infographic used for students studying for an online MSA degree reveals the variances in how mandatory taxes like VAT, capital gains tax, income tax and even toll taxes on the roads differ in other parts of the world, and can offer some interesting insight that may even help in your global strategies.
This infographic was prepared by Villanova Online, a university providing courses in a wide range of studies including an online master of science in analytics, which looks at stats and information like this.
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