News for hackers. Stuff that matters.
Re:Apple Announces App Store Small Business Program by Heliosmaster on Wednesday November 18, 2020 @07:46AM (#25136134)
it's exactly like the freelancer tax brackets in Italy. Everybody jumping through hoops (and or not declaring stuff) to remain under the threshold of 60k/year (was 30k/year). Otherwise tax rate doubles.
Re:Apple Announces App Store Small Business Program by neuronic on Wednesday November 18, 2020 @08:27AM (#25136465)
In Germany we have "cold progression", so stacking tax brackets. If you earn 35.000€ it's something like (random numbers):

0-9000€ [0%] -> 0€

9000-20.000€ [10%] -> 1100€

20.000-40.000€ [15%] -> 3000€

Total = 4400€

So if you're in the 15% bracket you pay 4400€ which is actually 12.5% in total, and not 5250€ (15%) as some people seem to believe.

Re:Apple Announces App Store Small Business Program by whiddershins on Wednesday November 18, 2020 @09:09AM (#25136882)
Same in the US I believe.
Re:Apple Announces App Store Small Business Program by mkl on Wednesday November 18, 2020 @08:10AM (#25136332)
Really? It's not progressive [1]? This page suggests it is: https://taxsummaries.pwc.com/italy/individual/taxes-on-perso... (Yes, this is a foreign third party so may be wrong; I can't read Italian.)

[1] https://en.wikipedia.org/wiki/Progressive_tax (See the Computation section for how the higher rates only apply to the higher portions of a person's income, with their lower portions taxed less.)

Re:Apple Announces App Store Small Business Program by benhurmarcel on Wednesday November 18, 2020 @08:39AM (#25136556)
He's talking about freelance people. This link is for employees.
Re:Apple Announces App Store Small Business Program by mkl on Wednesday November 18, 2020 @03:45PM (#25142221)
Oh. I'm surprised that makes a difference.
Re:Apple Announces App Store Small Business Program by 101008 on Wednesday November 18, 2020 @07:50AM (#25136163)
Same in Argentina, sadly :-(

I would like if there is any solution to this other than to apply the same percentage to all income.

Re:Apple Announces App Store Small Business Program by photonios on Wednesday November 18, 2020 @08:01AM (#25136251)
This is fixed in most countries by creating brackets that stack. See: https://en.wikipedia.org/wiki/Progressive_tax

You'd pay let's say 15% over the first 30k, and then 30% over the remainder.