Quote from Kicking:
I really don't see how you can have it structured so as to pay 0 corporate tax and 0 income tax on your trading profits. Anyway income tax is just one side of the equation, there is the other tax , the great universal social security. That alone is pretty much equivalent to income tax in some other countries. Anyway you guys do whatever you want , you just don't come off as very credible
In Belgium you pay NO TAXES ATT ALL on surplus values of stocks.
So if you have a profit of 1 million dollars on a sale of Microsofts you pay NOTHING, no income tax no social security no VAT.
Only if you're a daytrader it can be interpreted as taxable. Mainly the frequency of trading defines if you're taxable or not.
Tell me why we are not credible. Because we don't pay the taxes you thought we have to pay?

