Example of the application of the FIRST W: the Distribution of € 100,000 by a UAE company to its employee : The employee ends up with € 100,000 : no taxes and social security contributions.

 Distribution of € 100,000 by a Belgian company to its director : Out of € 100,000 distributed to a director in Belgium, she ends up with a net income of € 51,500.

Great Prezi link:
prezi link

Listening to Noir Désir & Sophie Hunger :