Monday, July 20, 2009

No Tax on Artist Royalties in Amsterdam


Do you want to save tax money on your Royalties as an artist or musician? The Rolling Stones went Dutch a long-time ago because Holland does not tax artists' royalties. This is just one of the reasons it's very popular among musicians.

The band saved millions in taxes by channeling their money through Amsterdam, but it's far from the only place to escape the greedy claws of the Treasury. Ireland has similar policy on 'royalties' from art and music, whereby the artists are exempt from tax. This is one reason that U2 and others like to call it home.

For the rest, well if you earn over 40,000 Euros per annum you are looking at paying at least 55% tax in the Flatlands. Ouch! That's enough to make you lose your voice!

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