EU member state. The latest calculation from last week from one of our financial portals was on average 55% of income going to state - this includes revenue tax 20%, health insurance, social insurance, VAT 20% and some other smaller fees.

I recommend you to move to Malta.

Quote from: CJH on February 08, 2016, 16:11

Just over 0%.

Where?

US, I don't make that much yet and it is pretty easy to offset (honestly) with expenses.  I don't claim a home office or travel, but I claim a small percentage of the allowed depreciation on my gear.  Just enough to bring it down to a small profit.  I also have a lot of expenses like PS etc that I don't claim but keep records of in case of audit. 

Hello. I live in Romania, Europe. I live only from microstock. I am not an authorised photographer, this is just a hobby. I am not employed or else. I pay 16% from my income. Also, I pay about euro 14 per month for social health assurance ( about 173 euro / year). But this assurance taxe is paid by every people living here. This is the lowest price because  my royaltyes from microstock are lower than the minimum salary/ year. Anyway, when I will go beyond the minimum salary I will pay 5.5% from my revenues. So, in my country, you can pay (16+5.5)% as a minimum. I can not deduct any expenses like buying photo gear or travel. If I want to deduct expenses related to photography I must autorise myself as a photographer. I don't know any other people from my country who are authorised photographers and work also in microstock. I think many of them elude tax declaration, but this is bad because some day IRS will send infos about them to local tax agency. I think this because I asked many time about taxes folks from my country but no answer. This is a prohibited subject here so I think nobody but me pay taxes If you live in Romania and have questions about this subject, please feel free toi ask me any questions.