Macroeconomics individual project. - Introduction The world...

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Introduction The world is growing rapidly, in this rate it opens up and bring many opportunities for business.it opens and expand markets not only in their home country but globally, in many causes business men love to make maximum profit.to achieve this there is need to review countries GDP, inflation rate and taxes in the countries they wish to expand to. Section 1 America food inc wish to expand globally, I wish to recommend Germany to expand to Germany uses Euro as its official currency. Just like any other countries Taxes is major concern in Germany, some of this taxes include income tax (mostly based pay as you earn), municipal tax and value added tax (consumption tax assessed on the value added to goods and services) The municipal tax always depends on the company’s earnings on how much profit it makes. The local authority are responsible for levy of this tax, it always varies and fluctuates in time but it’s on average of 18persent. The value added tax is generally consumption tax. For America food inc will be expected to add it to its packaged foods hamburgers, hot dogs, and cupcakes. Normally in Germany the value added tax ranges from 19 to 7 percent depending on the produ It will be subject to the cooperate tax, now about 15% of earnings, only if America food inc decide to choose the AG or GmbH form of organization. There are some advantages to incorporation, notably a limitation of your liability for the business's debts. The municipal tax is
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