What’s going on with Google and Facebook hiring freezes?

Re:What’s going on with Google and Facebook hiring freezes? by dghlsakjg on Tuesday August 02, 2022 @05:40PM (#32324616)

As a Canadian PR I've always thought this would be a good option except that the Canadian government seems determined to make it difficult.

When the most practical option is to form a corporate entity with a single employee, and BTW you may have to pay GST + PST on labor depending on if other Canadians use the service, it begins to look really unappetizing.

I get that employees as contractor relationships are rife for abuse, but, like so is exempting tech employees from overtime protection (BC and Ontario).

It really just shouldn't be this hard to do work for a company that isn't in Canada.

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Re:What’s going on with Google and Facebook hiring freezes? by cmrdporcupine on Tuesday August 02, 2022 @05:53PM (#32324746)

CRA now frowns heavily on "personal service corporations." There is no tax advantage (in fact there's disadvantages) to incorporating unless you have more than one client.

So it ends up being sole proprietorship only, which has far less tax advantages.

I mean, as a tax payer and citizen who paid exorbitant personal income taxes for years as an employee of a FAANG, I think this is probably equitable. But as a contractor, now... damn I'd like to be able to take advantage of corporate tax rates like I could 13 years ago when I did this last.

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Re:What’s going on with Google and Facebook hiring freezes? by dghlsakjg on Tuesday August 02, 2022 @10:27PM (#32326941)

I’m not even talking about tax advantages, just the amount of regulatory overhead and paperwork and general BS just needed to sell your services

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