Canadian Capitalist Logo Dark
No Result
View All Result
Thursday, August 4, 2022
  • Login
  • Register
  • Home
  • Economy
  • Markets
  • Real Estate
  • Tax Savings
  • Investment Guides
Subscribe
Canadian Capitalist Logo Light
  • Home
  • Economy
  • Markets
  • Real Estate
  • Tax Savings
  • Investment Guides
No Result
View All Result
Canadian Capitalist Logo Mobile
No Result
View All Result
Home Uncategorised

Fun Tax Facts

by Ram Balakrishnan
April 13, 2010
Reading Time: 1 min read
129 4
0
top stocks for 2018
152
SHARES
1.9k
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

I’m reading The Elements of Investing by Burton Malkiel and Charles Ellis and stumbled upon some delightful examples of how people have arranged their affairs to avoid taxes in the past.

Tuscan Bread

“Centuries ago, when the Papal State dominated Tuscany, these rulers imposed an extremely high tax on salt. As a form of protest, Tuscan bakers began to make their bread without salt.

Gradually, the taste for bread made entirely without salt became widespread, and to this day, Tuscan bread is salt less”.

Narrow Houses of Amsterdam

“The narrowest house in Amsterdam is approximately 180cm wide, which is actually less than the height of the average Dutch person. Historically, property in Amsterdam was taxed based on the width, which is why many houses are so narrow and deep”.

Mansard Roof

“Property taxes were often levied on the number of rooms in a house, and therefore, rooms on the second and third floor were considered just as ratable as those on the ground floor. But if a mansard roof was constructed on the third floor, those rooms were considered to be part of an attic and not taxed”.

Sources:
florencevillas.com
Nile Guide to Amsterdam.
The Elements of Investing by Burton Malkiel and Charles Ellis. Here’s a graphic of a Mansard Roof.

Related posts:

  1. This and That: Investing ain’t Rocket Science and more…
  2. Publicly-Traded Mortgage Investment Corporations (MICs)
  3. Transferring the Family Cottage: There is No Panacea
  4. This and That: OSC Proposals, Larry Swedroe in Ottawa and more…
Share61Tweet38Share11

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

RBC Direct Investing to allow U.S. Dollar Registered Accounts

Next Post

Book Review: The Elements of Investing

Ram Balakrishnan

Ram Balakrishnan

Related Posts

Why you cant afford a house in Canada

Why You Can’t Afford A Home In Canada?

January 24, 2022
269
investing benefits
Investment Guides

Finding a Financial Advisor, Part 1

June 19, 2021
2k
investing in bitcoin

Is it time to invest in Bitcoins again?

May 13, 2019
2k
when do reits liquidate
Uncategorised

Performance of Currency-Neutral S&P 500 Index Funds

January 19, 2014
1.9k
is mortgage interest tax deductible
Uncategorised

The 2013 Sleepy Portfolio Report Card

January 12, 2014
1.9k
how to buy individual stocks in canada
Uncategorised

Asset Class Returns for 2013

January 5, 2014
1.9k
Next Post
pension funds investments

Book Review: The Elements of Investing

Please login to join discussion
Canadian Capitalist

© 2022 Canadian Capitalist

Navigate Site

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links

Follow Us

No Result
View All Result
  • Advertisement
  • Contact Us
  • Home
  • Economy
  • Real Estate

© 2022 Canadian Capitalist

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
two man and woman standing on doorway
The man who does not read has no advantage over the man who cannot read - Mark Twain
Go to mobile version