Denmark: No aid for companies which pay out dividends or are reg. in tax havens

Re:Denmark: No aid for companies which pay out dividends or ... by chrismeller on Monday April 20, 2020 @11:32AM (#22924768)

Yes, on the surface. You’re assuming that the business owner is some uber wealthy person that doesn’t mind missing the dividends because he’s happy on his yacht.

While that is true for a lot of large companies (kind of like the ones that shouldn’t be asking for state aid), for the small ones it’s very different.

As a small business owner myself, it matters hugely - if the company makes $100,000 in profit and I have to pay two employees $40k each, I’m barely making ends meet.

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Re:Denmark: No aid for companies which pay out dividends or ... by james-mcelwain on Monday April 20, 2020 @11:46AM (#22924928)

How does the size of the business change the material facts here? You shouldn't be able to take profit when you're sitting on top of a 0% interest government loan intended to keep you solvent.

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Re:Denmark: No aid for companies which pay out dividends or ... by grahamburger on Monday April 20, 2020 @11:48AM (#22924952)

> if the company makes $100,000 in profit and I have to pay two employees $40k each, I’m barely making ends meet.

Honest question - how would paying yourself dividends change this math? Dividends have to come out of the same $100k right?

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Re:Denmark: No aid for companies which pay out dividends or ... by bigfudge on Monday April 20, 2020 @12:04PM (#22925129)

It's a tax dodge in the UK.

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Re:Denmark: No aid for companies which pay out dividends or ... by bigfudge on Monday April 20, 2020 @12:03PM (#22925125)

Why are you paying yourself in dividends rather than a salary? If you want the tax breaks associated with being a director, eat the risk too...

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