027 - Federico Fernández: Innovation vs Regulation, E Governance & New Technology
Free Cities Podcast
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How to Earn a Living in Estonia
Estonia has a flat income tax, which is 20%, but if you are not making any revenue or reinvesting whatever you have gained, you don't pay taxes on that. The moment you give yourself a dividend or you pay a salary to yourself from your company, the money that stays, let's say, at the companies, accounts, so to speak, that is not taxed. That's one of the fantastic things about Estonia. It's just that the state and the government is not penalizing you for making more money especially for growing. In Argentina, this has become so crazy that people have refused to get a pay raises because they would enter in the next category and
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