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Old 11-21-2014, 03:51 PM  
Struggle4Bucks
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Join Date: May 2011
Location: Lissabon
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Quote:
Originally Posted by aka123 View Post
It's the same in my country. Personal income from job is taxed higher (any bigger sums) than taking money as a dividents. Thus it is most beneficial to pay salary to itself up to break even point, and beyond that to take the money as a dividents.

So, "creative accounting" if you want to use that term, but totally legal. Idea is that you save the dividents, or pay those more often.
Sounds nice...

but in Holland, as a owner of a BV/company (similar as S.R.O in CZ) you have to pay yourself a minimum salary of 42.000 euros so you're automatically in all the high tax ranges
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