I was checking countries with low income tax and I discovered that Romania charges only 10% on capital gains, I am still not sure if it applies to trading profits - usually trading profits have a lower taxation due to the high risk nature of the business.
It makes it a good place to live if you are a trader (while you donīt have 500K to move to Monaco and get a residency visa and be income tax FREE)
But I would love to hear from a romanian trader how much tax he pays over his trading profits.
Best regards
It makes it a good place to live if you are a trader (while you donīt have 500K to move to Monaco and get a residency visa and be income tax FREE)
But I would love to hear from a romanian trader how much tax he pays over his trading profits.
Best regards