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Edited by Jack Anderson and David
A. Andelman
The globally mobile, highly skilled executive and
entrepreneur living in a connected world has plenty of
choices to make. But there's one part of the decision about
where to live -- and that's how much of your paycheck will
you take home after the local government takes its cut of
your paycheck. One decision is about where to live--and the
tax part of that decision can mean tripling after-tax cash
depending on the cut the local government takes out of
people's paychecks. We've ranked countries based on how
large of a cut they take. We call it the Forbes Misery Index
(or, for those countries with low taxes, the Forbes
Happiness Index). A look at this index shows an executive's
gross salary may be reduced by almost 60% if he has his
office in Denmark or Sweden. Almost as much is lost in
Belgium, and 40% of your paycheck may be lost in France or
New York City to income and social taxes (depending on
income level and marital status). By contrast, the index
shows there's no reduction in the Middle East nation of
Qatar, where executives get to keep every euro, dollar or
drachma their company pays them.
FEATURE
The Beauties Of Low Taxation
By Jack Anderson
with Marc Miles and Michael Segalla
Our annual capitalist tool to global
taxation for the entrepreneur and the influence of taxes on employee
take home pay.
IN PICTURES
Minimizing Your Taxes
By Jack AndersonWhere
you choose to live can make a big difference in how much you take
home.
COMMENTARY
A French Perspective
By Philippe Favre
Reforms in France target expatriates.
Global Comparison Of Tax Burdens
Married, two dependant children (in
EURO)
Single (in EURO)
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