Ayala Pharmaceuticals Inc (ADXS)

[polaco3us]

Well in Peru the rule is this:
10% for returns national investments (national stock market) and 30% for foreign ones. The idea is to encourage people to keep their money in here ...blah, blah and blah.

In my country this is the typical tax burden for the middle class:

30% investment foreign markets or 10% national
18% sales tax
30% Income deductions
add to this import tariffs for cars,electronics, plus bank taxes etc ...

I think it can not be so different than yours right?


Have a good one,

Go Zen
Cheers