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Tax dumping
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"It is disgusting! Everyone should pay their taxes. Without tax revenue infrastructure cant be maintained, renewed and upgraded. Without a functioning infrastructure society fails and we all lose, the more you have the more you lose in the end so not paying your taxes is eventually self defeating, something many have lost sight of." That is right and everyone should pay them, in this episode it was about pensions and there was meetings of how they could avoid to pay it and even a bus tour to view houses, many wanted to be near a beach for the summer, also in malta they just had to live there for 3 months, it seems different countries want to attract them more. | |||
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"Is this a talking point?" . It is if you want to avoid tax yeah. . . That's the biggest problem with the EU set up as it stands, it's being used by corporations as one giant tax mitigating loophole | |||
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"How much Portugal chooses to tax its residence is a matter for the Portuguese to decide, not the British or the EU. If these people choose to become permanent residence of Portugal, or any other EU country, then that country has the right to tax them at the level it sees fit (as long as it is not discriminator). It also, at the same time, takes on the responsibility to care for them, including health care costs. I don't see the problem." . Permanent resident!!. You mean like those permanent residents of Monaco?... The ones that buy a flat and never fucking live there. It doesn't surprise me that you wouldn't see a problem with it, your a Tory at heart aren't you? | |||
"How much Portugal chooses to tax its residence is a matter for the Portuguese to decide, not the British or the EU. If these people choose to become permanent residence of Portugal, or any other EU country, then that country has the right to tax them at the level it sees fit (as long as it is not discriminator). It also, at the same time, takes on the responsibility to care for them, including health care costs. I don't see the problem.. Permanent resident!!. You mean like those permanent residents of Monaco?... The ones that buy a flat and never fucking live there. It doesn't surprise me that you wouldn't see a problem with it, your a Tory at heart aren't you?" Well maybe you could explain to me what the problem is exactly because to me it looks like a load of people who have paid tax all their lives are simply moving to another country to live. If they are no longer permanent residences of the UK then they no longer have to pay tax here, however they are liable for tax in there new country of residence. It's exactly the same rule for foreigners who become permanent residents here. The fact that Portugal taxes then at a lower rate than us is an issue for the Portuguese, not us. So please tell me what the problem is. | |||
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"I saw an interesting documentary about it yesterday that many from europe was moving temporary or some forever to portugal, because there they could get their pension tax free if they lived there for 5 years. During their investigation they found out that top politicians did the same, what is your view of it and would it benefit portugals economy? One in the program said that the eu should make the taxing of it on the same level in all countries." If its legal who not - if that's where you want to live . Remember we here in UK can avoid tax by paying into AVC's, for every £1200 a month you pay in, the Government gives you an extra £800 making it 2k per month, I am sure the max is 40k right now | |||
"How much Portugal chooses to tax its residence is a matter for the Portuguese to decide, not the British or the EU. If these people choose to become permanent residence of Portugal, or any other EU country, then that country has the right to tax them at the level it sees fit (as long as it is not discriminator). It also, at the same time, takes on the responsibility to care for them, including health care costs. I don't see the problem.. Permanent resident!!. You mean like those permanent residents of Monaco?... The ones that buy a flat and never fucking live there. It doesn't surprise me that you wouldn't see a problem with it, your a Tory at heart aren't you? Well maybe you could explain to me what the problem is exactly because to me it looks like a load of people who have paid tax all their lives are simply moving to another country to live. If they are no longer permanent residences of the UK then they no longer have to pay tax here, however they are liable for tax in there new country of residence. It's exactly the same rule for foreigners who become permanent residents here. The fact that Portugal taxes then at a lower rate than us is an issue for the Portuguese, not us. So please tell me what the problem is." . That's Tory mantra for the last 40 years, avoid tax at all cost, think of the me society not the we Society. Well congratulations you've got the me society you've wished and voted for! | |||
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"How much Portugal chooses to tax its residence is a matter for the Portuguese to decide, not the British or the EU. If these people choose to become permanent residence of Portugal, or any other EU country, then that country has the right to tax them at the level it sees fit (as long as it is not discriminator). It also, at the same time, takes on the responsibility to care for them, including health care costs. I don't see the problem.. Permanent resident!!. You mean like those permanent residents of Monaco?... The ones that buy a flat and never fucking live there. It doesn't surprise me that you wouldn't see a problem with it, your a Tory at heart aren't you? Well maybe you could explain to me what the problem is exactly because to me it looks like a load of people who have paid tax all their lives are simply moving to another country to live. If they are no longer permanent residences of the UK then they no longer have to pay tax here, however they are liable for tax in there new country of residence. It's exactly the same rule for foreigners who become permanent residents here. The fact that Portugal taxes then at a lower rate than us is an issue for the Portuguese, not us. So please tell me what the problem is.. That's Tory mantra for the last 40 years, avoid tax at all cost, think of the me society not the we Society. Well congratulations you've got the me society you've wished and voted for!" You still haven't said exactly what the problem is. Do you also think that Portuguese people living in the UK should pay to tax to Portugal at the Portuguese rate? Why don't you just tell us what exactly the problem is with people being taxed in their country of residence at the rate that country feels is adequate and stop trying to duck the issue with irrelevant comments. | |||
"How much Portugal chooses to tax its residence is a matter for the Portuguese to decide, not the British or the EU. If these people choose to become permanent residence of Portugal, or any other EU country, then that country has the right to tax them at the level it sees fit (as long as it is not discriminator). It also, at the same time, takes on the responsibility to care for them, including health care costs. I don't see the problem.. Permanent resident!!. You mean like those permanent residents of Monaco?... The ones that buy a flat and never fucking live there. It doesn't surprise me that you wouldn't see a problem with it, your a Tory at heart aren't you? Well maybe you could explain to me what the problem is exactly because to me it looks like a load of people who have paid tax all their lives are simply moving to another country to live. If they are no longer permanent residences of the UK then they no longer have to pay tax here, however they are liable for tax in there new country of residence. It's exactly the same rule for foreigners who become permanent residents here. The fact that Portugal taxes then at a lower rate than us is an issue for the Portuguese, not us. So please tell me what the problem is.. That's Tory mantra for the last 40 years, avoid tax at all cost, think of the me society not the we Society. Well congratulations you've got the me society you've wished and voted for! You still haven't said exactly what the problem is. Do you also think that Portuguese people living in the UK should pay to tax to Portugal at the Portuguese rate? Why don't you just tell us what exactly the problem is with people being taxed in their country of residence at the rate that country feels is adequate and stop trying to duck the issue with irrelevant comments." . In poker they say if you can't see the sucker at the table, it's probably you but you just haven't realised it!. Enjoy your Khama Bon appetit | |||
"How much Portugal chooses to tax its residence is a matter for the Portuguese to decide, not the British or the EU. If these people choose to become permanent residence of Portugal, or any other EU country, then that country has the right to tax them at the level it sees fit (as long as it is not discriminator). It also, at the same time, takes on the responsibility to care for them, including health care costs. I don't see the problem.. Permanent resident!!. You mean like those permanent residents of Monaco?... The ones that buy a flat and never fucking live there. It doesn't surprise me that you wouldn't see a problem with it, your a Tory at heart aren't you? Well maybe you could explain to me what the problem is exactly because to me it looks like a load of people who have paid tax all their lives are simply moving to another country to live. If they are no longer permanent residences of the UK then they no longer have to pay tax here, however they are liable for tax in there new country of residence. It's exactly the same rule for foreigners who become permanent residents here. The fact that Portugal taxes then at a lower rate than us is an issue for the Portuguese, not us. So please tell me what the problem is.. That's Tory mantra for the last 40 years, avoid tax at all cost, think of the me society not the we Society. Well congratulations you've got the me society you've wished and voted for! You still haven't said exactly what the problem is. Do you also think that Portuguese people living in the UK should pay to tax to Portugal at the Portuguese rate? Why don't you just tell us what exactly the problem is with people being taxed in their country of residence at the rate that country feels is adequate and stop trying to duck the issue with irrelevant comments." Exactly; It's only right that if you live in a country , then you pay taxes givrage country; since that country is now providing your police, public services, waste disposal, security, etc etc. What rate that government chooses to levy is their problem. It annoys me that I pay tax in both France and UK when I don't live in U.K. , and seldom visit. On the other hand, I accept the the UK still has some responsibilities to me ( I will get a UK pension eventually, they provide me with my second passport, I enjoy some privileges of remaining British) so some taxation is fair. Luckily there is a dual tax agreement, so neither France or UK tax me on income that has already been taxed by the other government. What is wrong, is using " loopholes" to avoid paying taxes in counties that you are actually living in , by using various tricks to pretend residence elsewhere. Usually the mega- rich who can afford clever accountants and lawyers who can circumvent the regulation. That's a problem that needs to be resolved by your various countries of residence. But if some genuinely move, and it so happens that they enjoy better tax rates; then so be it. It works the other way too; if , say, Portuguese come to live in UK, then they will make the appropriate arrangements tax-wise with Portugal and UK, to determine if they are temporary or permanent residents, and pay taxes appropriately. | |||
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