News for hackers. Stuff that matters.

A comment on Leaving Google. Parent comment

Re:Leaving Google by sam_lowry_ on Tuesday July 06, 2021 @04:26AM (#27745522)
You can go freelance, set up company in Lithuania and pay <20% effective tax rate over 100,000€+ yearly income.

Still not as good as Google salaries, but better lifestyle for sure.

[ Parent | on HN ]
Re:Leaving Google by tchalla on Tuesday July 06, 2021 @06:18AM (#27746325)
> You can go freelance, set up company in Lithuania and pay <20% effective tax rate over 100,000€+ yearly income.

How would that work? Your personal income will still be taxed based on where the employee resides. The company has to disburse income for someone to use it.

[ Parent | on HN ]
Re:Leaving Google by sam_lowry_ on Tuesday July 06, 2021 @06:56AM (#27746641)
The company can also incur expenses by investing into a tennis club or into a coastal area housing project ;-)
[ Parent | on HN ]
Re:Leaving Google by sam_lowry_ on Wednesday July 07, 2021 @04:18AM (#27758677)
I mean, you do not need 100,000€/year to live comfortably in most of EU.
[ Parent | on HN ]