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I've forgotten the specifics but what Spectre says sounds about right. I found out what the effective tax rate was (15%) and updated my earlier post.

Any tax minimisation strategies will likely depend on the specific country. For example, five years ago you could work in the UK and there were companies (at least one set up by an Aussie) with the know-how to take care of your income, funnelling it back to Australia via Singapore in such a way...