SkipCaptcha
12,693
edits
Changes
Jump to navigation
Jump to search
mLine 1:
Line 1: + + + + + + + + + + + + + +
Slightly expanded the article, Added hyperlinks, Proof read
A '''tax haven''' is a state or foreign government, most often offshore, which allows an individual or [[corporation]] to "hide" money, in a technically legal fashion, from their nationality's tax system and therefore avoid paying taxes on that money.
A '''tax haven''' is a state or foreign government, most often offshore, which allows an individual or [[corporation]] to "hide" money, in a technically legal fashion, from their nationality's tax system and therefore avoid paying taxes on that money.
Also certain states, such as those in the [[American Redoubt]] have no [[sales tax]] ([[Oregon]] and [[Montana]]), or no [[income tax]] ([[Wyoming]] - see [[Free State Wyoming]]) or very low [[property tax]] ([[Idaho]]) and are considered to be more "[[free state]]s" for that reason and others such as [[Second Amendment]] [[gun rights]] [[concealed carry]] and [[open carry]] [[freedom]]
==Taxes and Cost of Living==
Before making a [[strategic relocation]] or "[[vote with your feet]]" move to another state or country, be sure to research the various [[tax rate]]s and the relative [[cost of living]]. These web sites might prove useful:
Overall Tax Burden by State: http://www.taxfoundation.org/files/burden_by_state-2007-04-04.pdf
State Income Tax Rates: http://www.taxadmin.org/FTA/rate/ind_inc.html
State Sales Tax Rates: http://www.taxadmin.org/FTA/rate/sales.html
Cost of Living Comparison: http://www.relocationessentials.com/aff/www/tools/salary/col.aspx
[[category:Taxation]]
[[category:Taxation]]