Why European startup had to move to USA to fulfill its vision

Re:Why European startup had to move to USA to fulfill its vi... by pg on Wednesday December 21, 2011 @10:22PM (#3380216)

I realize this isn't your fault, but KPMG's explanation is pretty question-begging. Anyone happen to know how the "taxable wealth" of a startup would be calculated?

[ Parent | on HN ]

Re:Why European startup had to move to USA to fulfill its vi... by drx on Wednesday December 21, 2011 @11:38PM (#3380409)

"10.02 - Business taxes" at the Official Statistics Office of Norway: http://www.ssb.no/metadata/conceptvariable/vardok/1441/en

"Taxable wealth is the value of the company's assets reduced by debt, as of 1 January in the assessment year."

This doesn't necessarily mean that the same definition applies at the tax office and/or that it applies to startups, though.

[ Parent | on HN ]

Re:Why European startup had to move to USA to fulfill its vi... by mbesto on Saturday December 24, 2011 @12:45PM (#3389270)

pg- If you're interested in tax laws for startups in Sweden, let me know. I have a good friend who is in the process of IPO'n his startup and is very "money conscious".

[ Parent | on HN ]