The Different Income Tax Systems Worldwide

An overview over the different tax systems These are the four primary tax systems in the world today: ⭐️ The citizenship-based taxation⭐️ The residential taxation⭐️ The territorial taxation⭐️ The non-dom-system⭐️ No direct taxes There is only one major country in the world that taxes their citizens based on their citizenship, the United States of America. … Read more

Strategies For Compliance For Perpetual Travelers

Financial institutions have to comply with many regulatory requirements.Often they require an address verification of their customers for KYC (know-your-customers) purposes. The so called “utility bill” has since become a de-facto standard for address verification.A utility bill is typically a monthly invoice that shows the consumption of utility services during the preceding month.Traditionally this relates … Read more