The world’s newest microcountry wants to become its foremost tax haven.
Liberland, which sits on 2.7 square miles of land along the Danube River between Serbia and Croatia, was founded earlier this month and plans to have only voluntary taxes.
“We don’t want the state to take money from the people,” Vít Jedlička, a native of Prague and Liberland’s new president, told Business Insider in a phone interview. “We want to have voluntary taxes.”
Elected into office by a three-person committee, Jedlička says he started Liberland to “turn the concept of a state upside down.”
After working as a financial analyst in the Czech Republic, Jedlička became motivated by ever-increasing taxes and regulations to claim a plot of land that neither Serbia nor Croatia already have.
The post This newly declared microcountry wants to become the world’s foremost tax haven appeared first on Trunews:.
from Trunews: http://ift.tt/1b5WjC2
via IFTTT
No comments:
Post a Comment