Ex-SAP CTO walks away with €7.1M payout after scandal

Re:Ex-SAP CTO walks away with €7.1M payout after scandal by weaksauce on Monday March 03, 2025 @02:04PM (#43245428)

if you make 100k a year that payout is 71 years worth of your wages. absurd.

[ Parent | on HN ]

Re:Ex-SAP CTO walks away with €7.1M payout after scandal by vuln on Monday March 03, 2025 @02:15PM (#43245531)

Before Uncle Sam gets his cut. Much less after the robbery. How much of the 7 million be sucked up by Germany’s taxes?

[ Parent | on HN ]

Re:Ex-SAP CTO walks away with €7.1M payout after scandal by Keyframe on Monday March 03, 2025 @02:33PM (#43245741)

If structured properly, Onkel Franz takes equally or less than Uncle Sam.

[ Parent | on HN ]

Re:Ex-SAP CTO walks away with €7.1M payout after scandal by lifestyleguru on Monday March 03, 2025 @06:22PM (#43248063)

Regular folks on payroll would have to pay half of it, but boys in cashmere sweaters probably somehow pay 0%.

[ Parent | on HN ]

Re:Ex-SAP CTO walks away with €7.1M payout after scandal by Keyframe on Tuesday March 04, 2025 @04:41AM (#43252483)

Universal truth

[ Parent | on HN ]

Re:Ex-SAP CTO walks away with €7.1M payout after scandal by rozap on Monday March 03, 2025 @02:17PM (#43245554)

no you need to pay taxes on the 100k. The 7.1M payout can easily pay a tax lawyer to find some convenient loophole to keep most of it.

[ Parent | on HN ]