What is Withholding Tax?
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In today's video, we will be talking about the Withholding tax.
Most people only think about one layer of tax. Actually, there are three and you want to pay attention to all of them.
When it comes to withholding tax there are several types of income that might be subject to withholding tax:
Dividends
Royalties
Interest
Capital gains
Rent
Director’s fees
Technical service fees
You need to look at withholding taxes on a country by country basis because some countries have none at all and others such as China and Brazil have very strict rules.
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
You can visit our website for more information about us.
https://offshorecitizen.net
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Author: Michael Rosmer
You can visit our website for more information about us: https://offshorecitizen.net
☎️ Book a call with Michael: https://calendly.com/michael-rosmer