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[Pousinha]

There are many countries that tax every single cent entrepreneurs earn and even alleged returns, apart of to tax for the bureaucracy maintenance. No mind if the business is online or offline.

About Latin America (Mercosur) countries I know
There are countries like Argentina where companies end up closing because the tax system constitutes an heavy burden at the point it's impossible to follow with the business. Uruguay looks like to face the same matter. Brazil stays in a somewhat better condition, but medium sized companies gets too burdened by taxes too. Small sized companies pay between 10 and 27% of taxes on the income, more or less as the Brazilian small sized enterprises.
In any way, to become freelancers in Argentina looks like convenient as to open an individual micro-enterprise in Brazil: in such cases, there is only a small amount to pay to social security in a monthly basis to ensure pension rights.

About south European countries I know
Italian entrepreneurs pay 70% of their income, apart of the VAT and other compulsory bureaucracy.
Spain: between 49 and 61%.
Portugal is very much better than Italy and Spain: small and medium sized companies pay 21% of taxes.

What about your countries?

 

[Brain]

How I wish our government practice that PAYE as a system in which tax is being paid. The lives of most people would have changed for good. The country would have even developed more because the way people live their lives in a particular country determine the state of such country.

Definitely, the state of governance has a wsy of showing on the citizens. A tax system where both the poor and the rich pays same shows inequality here

 

[a_jerobon]

In my country, paying taxes is mandatory for all offline businesses. Though I don't know how much it is as I don't have any business currently. Online work and online businesses are not taxed though. But I heard they are planning on taxing that too.

 

[Acrosin]

I pity those entrepreneurs working in such countries. The tax rate is exceedingly high. In my country, we barely understand how tax payment is charged. I don't pay tax yet cos I'm not a government worker not do I own a business

 

[Pousinha]

The point is in my former country, cause culture and history, the entrepreneur maybe considered the public enemy n.1 to fight, so there is an evident tax persecution. It's very easy to lose properties, starting with the car subject to administrative distraint when the entrepreneur can't pay such a shameful amount.

 

[crypworld]

It is just our income tax that we need to pay for both our online and offline work.

Of course, third parties do deduct the tax before they transfer the amount to our account.

 

[Mariappa45]

Here in my country small businesses don't pay taxes, even via online. You'll only pay taxes when you're operating a large scale business offline or online.

 

[Wisdom01]

In my country we business men and women in my area usually pay tax and dues almost every year , but for online I don't pay that one since my business is not online store

 

[Pousinha]

Here in my country small businesses don't pay taxes, even via online. You'll only pay taxes when you're operating a large scale business offline or online.

It looks like under this point of view Nigeria is better positioned than south Europe. But when it happens tax laws being strictly based upon the nature of the activity and not upon the income, that's why an entrepreneur find himself/herself compelled to pay shameful amounts even when he/she didn't earn a single penny during the whole year. That's why in my former country people is averagely afraid of beginning their own business: they know it's very easy to fail due to that unfair tax law. And if a failure occurs, due to the very high unemployment rate, the risk is to face no job at all (no business and no employment, hard situation to deal with). Opening our own business is easier in Latin America, as I'm seeing.

 

[Mariappa45]

It looks like under this point of view Nigeria is better positioned than south Europe. But when it happens tax laws being strictly based upon the nature of the activity and not upon the income, that's why an entrepreneur find himself/herself compelled to pay shameful amounts even when he/she didn't earn a single penny during the whole year. That's why in my former country people is averagely afraid of beginning their own business: they know it's very easy to fail due to that unfair tax law. And if a failure occurs, due to the very high unemployment rate, the risk is to face no job at all (no business and no employment, hard situation to deal with). Opening our own business is easier in Latin America, as I'm seeing.

Thanks alot dear for sharing your awesome experience, about how tax is charged in Europe, Latin America for businesses. I'll say, it doesn't go well to charge tax to a new business that is simply finding it's route, operating in a smaller unit. Such kind of tax makes an entrepreneur be on a high jump towards making profit fast, which doesn't necessarily go down well.

Not charging small scale businesses tax here in Nigeria is the only good thing the government did, nothing much.

You'll only get taxed only of you're operating in a government market place mainly for traders.

 

[Pousinha]

About charging taxes to new businesses: if I remember well, I didn't mention that in Italy a small business can be exempted from taxes for the first 5 years. But the point is 5 years is not enough: a small bakery, a small clothes shop, a small grocery face a very fierce competence due to the big shop centers and the big international franchising. So they hardly can count on the right number of customers they need to stay in the market. There is also a very fierce competence due to the countless Chinese shops, that in Italy have the permission by the government to stay open along several hours above the compulsory closing that hit the Italian shops. Lot of Italian commerce failed since the rising of the big shop centers and the unfair commerce laws.

 

[Teegold]

There's no fixed payment for my mom who owns a restaurant. Every year they bring different amount to for her to pay. Sometimes we plead for reduction.

 

[07Trinity]

There are many countries that tax every single cent entrepreneurs earn and even alleged returns, apart of to tax for the bureaucracy maintenance. No mind if the business is online or offline.

About Latin America (Mercosur) countries I know
There are countries like Argentina where companies end up closing because the tax system constitutes an heavy burden at the point it's impossible to follow with the business. Uruguay looks like to face the same matter. Brazil stays in a somewhat better condition, but medium sized companies gets too burdened by taxes too. Small sized companies pay between 10 and 27% of taxes on the income, more or less as the Brazilian small sized enterprises.
In any way, to become freelancers in Argentina looks like convenient as to open an individual micro-enterprise in Brazil: in such cases, there is only a small amount to pay to social security in a monthly basis to ensure pension rights.

About south European countries I know
Italian entrepreneurs pay 70% of their income, apart of the VAT and other compulsory bureaucracy.
Spain: between 49 and 61%.
Portugal is very much better than Italy and Spain: small and medium sized companies pay 21% of taxes.

What about your countries?

Can I say i am lucky to be in a country were the leverage on task is not all that high,in the sense that you can do your business without having to pay tax.

 

[btaliat]

In my country, people pay more of levies than tax except for the big companies. This is because it is easier to evade tax since their is no comprehensive database of all businesses since most of them are not legally registered. Although there are punishments awaiting those that are caught.

 

[Kubiat-Abasi]

In my setting, taxes are being paid on a daily basis. The annoying thing is, there are actually different taxes we pay daily. As transporters, we pay taxes to three different bodies and at different rates daily before one is allowed to play the road freely. Government don't care to salvage the rate of exorbitant taxes.

 

[Tundeson]

Taxes is really important I don't really know much about it but I think it's important for all business to pay tax because it's a means of generating revenue to the government though I believe that the tax won't be much so that business and investors won't run.

 

[Desmond opara]

I have not been into business and I have as well never paid any tax in my country for any kind of trip or work,but I think the collection of tax in the country is so bad though due to the greediness of humans that's the reason why everything in the country is hard to get.

 

[dorcasy]

Tax payment varies according to your location and the kind of business you do.
Well established business that amass profit are usually tax prone and almost all their goods are taxed.
Currently I run a fishing business and I can say categorically that I am not really affected by tax because of my location.

 

[Skede1]

As for me I paid a lot of tax to retain my business, apart from government tax, there are some staff which I do bribe before and after work so that I can retain my work with them

 

[ashim kate]

In my local government for example I am not going to pay any taxes until after my business is at least two years old. This has been made like that in order to support people to start small businesses and after that I am only going to be paying about 2% of my entire profit every year. This can also change depending on the number of people that are employed.

 

[Kubiat-Abasi]

Taxes should not be a burden to a business but when there are multiple taxation systems it kills the business with time especially when the government is not monitoring the payment system.in my country multiple taxes have made businesses fold up especially small scale businesses because they cant cope with paying too much and getting little profit at the end of the day.

I support this notion. Assuredly, taxation isn't the issue but when it becomes excessive, exorbitant and unrealistic, then it become a major challenge to business owners. Therefore, Government ought to be considerate when setting up taxation rules and quit leveraging on people who are struggling to set up a means of income for themselves.