Sup, iam Arthur Kurz, Don’t overdo it!
How Does Monaco Make Money With No Tax? [Solved]
Major revenue sources include postage stamp sales, liquor and tobacco taxes, and registration fees. The state does not collect income or direct personal or corporate taxes. As a result of these liberal tax laws, numerous international business maintain their headquarters in Monaco.
Monaco - Ultimate Zero Tax Paradise?
Monaco
How The Monaco Tax System Works - Monaco Insider
Monaco
The Crazy Economy of Monaco
·························