Quote:
Originally Posted by RummyBoy
Sure but personal taxes over there is like 15% or 16% right? So theoretically many people would be able to get it down to around 10% easily, and you're laughing all the way to the bank  |
unfortunately it's not so easy - the problem her is that they don't have a cap for health insurance, social insurance etc.
which means: when you earn a lot of money, you pay a lot for that.
so the solution is that (as a business owner) you pay yourself only a low salary and pay the rest by profits from your company (that you hopefully have
)
but overall it's manageable and actually I don't have a problem paying my fair share.