Bitcoin Forum

Other => Politics & Society => Topic started by: Elwar on April 11, 2014, 08:56:22 AM



Title: Is Turks & Caicos Islands a libertarian country?
Post by: Elwar on April 11, 2014, 08:56:22 AM
I have been researching Turks & Caicos and economically they are excellent:
 NO INCOME TAX

 NO REAL ESTATE TAX

 NO CAPITAL GAINS TAX OR CAPITAL TRANSFER TAX

 NO VALUE ADDED TAX

 NO ESTATE DUTY TAX OR INHERITANCE TAX

 NO GIFT TAX

 NO LAND TAX

 NO WITHHOLDING TAX

 NO TAX TREATIES AND THEREFORE NO EXCHANGE OF INFORMATION WITH FOREIGN COUNTRIES

 NO EXCHANGE CONTROLS, NO RESTRICTION ON HOW MUCH CAN BE BROUGHT IN OR OUT OF THE COUNTRY

 ECONOMICALLY & POLITICALLY STABLE

 STRICT SECRECY LAWS

 EXCELLENT COMMUNICATIONS SYSTEM

 LAWS CONDUCIVE TO CONDUCTING BUSINESS IN A TAX FREE ENVIRONMENT

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I have not been able to find many references to social laws (prostitution, gambling, drugs, etc).

Seems fairly libertarian. What do you think?


Title: Re: Is Turks & Caicos Islands a libertarian country?
Post by: bryant.coleman on April 11, 2014, 09:17:06 AM
Turks & Caicos is a British colony and the Queen is the head of the state. So I don't want to label it as a Libertarian country.


Title: Re: Is Turks & Caicos Islands a libertarian country?
Post by: Elwar on April 12, 2014, 04:13:07 AM
Turks & Caicos is a British colony and the Queen is the head of the state. So I don't want to label it as a Libertarian country.

Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?


Title: Re: Is Turks & Caicos Islands a libertarian country?
Post by: Sithara007 on April 12, 2014, 04:30:38 AM
Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?

They have their own tax rules. But foreign affairs.etc is controlled by the UK.


Title: Re: Is Turks & Caicos Islands a libertarian country?
Post by: bryant.coleman on April 12, 2014, 05:19:50 AM
Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?

Yes... they have their own laws there. For the most part they are independent. The British rule is more or less nominal.


Title: Re: Is Turks & Caicos Islands a libertarian country?
Post by: Bit_Happy on April 12, 2014, 05:33:29 AM
Looks like a great place, except for hurricane season.

http://cdn.styleblueprint.com/wp-content/uploads/2010/01/turks-and-caicos-beach.jpg