For those of you who read the recent Sunday Times’ shock horror revelation of NetFlix not paying any UK corporation tax against estimated earnings of £200 million last year, save your righteous indignation for those who’ve actually broken the law.
Entrepreneurship is a bit like investing in the stock market; while there are general principles and guidelines for both, every portfolio (invention) is different and no one can see into the future…regardless of how convincing he or she might sound.
“Every year, roughly $1 trillion flows illegally out of developing and emerging economies due to crime, corruption, and tax evasion. This amount is more than these countries receive in foreign direct investment and foreign aid combined.” Jeff Desjardins, Visual Capitalist
Q: What is their average investment return over 5, 10, 20 years for each risk profile (low, medium, high)? This is not about “beating an index”. This about the type of average expectation of returns you can expect on your investment over a long period of time based on your tolerance for risk.