If you have a 10 year loan, you'd put 10 here.

And the net income is 357,000.

Every country remains sovereign to determine its own budget which it pays for itself.

like lane markings, as our global map.

And it actually should be an after tax return on that cash.

So the actual effect ends up being 2,100.

Why don't we lower both lines?

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And there will also be a progression on the other side of the coin.

Expenditures that are exactly twice the amount of the basic income will be the zero point for tax payments.

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And then, let's just say they're in the Caribbean and they don't have to pay taxes.

If there is no more income tax and VAT is only added at the end of the value chain, then we have a VAT of around 100 .

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Digital Global Liner.

No, it's taxexclusive

If it's 30 , that means a 100 deduction will save you 30.

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A global contamination.

The income tax rate increases in proportion as your salary rises.

The income tax rate increases in proportion to the salary increase.

For even higher expenditures the tax percentage can be up to 50 .

Taxes consist of direct taxes and indirect ones.

but let's, just for simplicity, assume my tax rate is still 30,000.

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So now I tell the IRS that I'm actually making 55,000 a year.

As a company with global reach and global interests, we have global responsibilities.

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leisure technology, surfboards, so on and so forth.

And do you love what you do, Caroline?

And where were they heading?