Post
Topic
Re: [ANN][PRE-ICO] 🚀🚀 ModulTrade : The Freedom To Trade 🚀🚀
by
JeanC
on 19/10/2017, 17:00:12 UTC
How will the tax if ita globally covered?/?
Thanks

Like always, will depend on the country you live in, i would say.
i think nothing will change you must declare your income in the country of residence,i hope the bank's dominance is come to an end with the birth of projects like ModulTrade...

Great question guys! on tax front, depending on the destination and origin of goods, trade parties can optimize their taxes (especially withholding taxes, related to international trade) , related to the deal. in big organizations, this tax optimzation is taken care of by tax departments, internal to these organizations. Small and Medium businesses cannot afford the cost of such departments. Again, Modultrade will offer, through its ecosystem, a service related to tax optimzation, that can be mutualized by all participants (and reduce costs by the same token  Wink

Jean