Comment by robertlagrant
3 years ago
I have been thinking this for a while. Corporation tax creates so much work, and it would be better to tax certain inflows of money.
So my salary is taxed; my dividends are taxed; my purchases are taxed with VAT, that sort of thing.
Stop making companies employ armies of accountants to figure out all the tax credits/implications/corporate structures etc so the government doesn't take too much.
I pay the Estonian accountant (xolo.io) ~100€ a month and that covers just about everything required to keep the company in good standing. Minor amounts of admin to sign off the annual report (all done with my smart card).
That sounds exactly as it should be. Very neat.