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To: Innovative

Also —in Russia there is basically NO capital gains tax, if you owned the asset longer than 3 years.

“Capital gains from asset sales are taxable only if the seller owned the asset for less than 3 years. “

http://en.wikipedia.org/wiki/Tax_Code_of_Russia

Maybe it’s time to start learning Russian and find out the immigration policy of Russia...


11 posted on 07/06/2014 7:25:15 AM PDT by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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To: Innovative

Maybe it’s time to start learning Russian and find out the immigration policy of Russia...


Russia has an 18% VAT. And about a million squat toilets. Not a place we should be emulating.


15 posted on 07/06/2014 7:39:08 AM PDT by lodi90
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