Re:Trees not profits: we're giving up our right to ever sell...
by elric on Monday March 10, 2025 @09:13AM
(#43320246)
Depending on where in the world you are, paying yourself a high wage results in much higher taxes than paying profits in the form of dividends. These taxes may benefit society at large, which may well be in line with their goals.
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Re:Trees not profits: we're giving up our right to ever sell...
by antonkochubey on Monday March 10, 2025 @09:15AM
(#43320257)
Oh but you can pay expenses to a "consulting company" that your wife/brother/daughter/... owns which will keep their profits and pay off dividents
Re:Trees not profits: we're giving up our right to ever sell...
by Galanwe on Monday March 10, 2025 @09:28AM
(#43320380)
Yes, you can, but that's not legal.
If you want to compare the merits of two systems, you have to do it on legal grounds. If you allow cheating, then nothing is comparable, everything is possible, no system is better.
Re:Trees not profits: we're giving up our right to ever sell...
by ahartmetz on Monday March 10, 2025 @08:09PM
(#43327708)
There is also legal cheating that only works if there is enough money involved. For example, for German companies, a holding company in Malta with low corporate taxes - but it happens not to make sense for typical freelancers.
Or the Irish shenanigans of US tech companies.
Re:Trees not profits: we're giving up our right to ever sell...
by elric on Tuesday March 11, 2025 @08:41AM
(#43331851)
Those shenanigans really ought to be illegal. They probably are to some extent.
Re:Trees not profits: we're giving up our right to ever sell...
by ahartmetz on Tuesday March 11, 2025 @09:03AM
(#43332016)
The majority state-owned (well̃, >30% federal state and >20% city) Frankfurt airport company has a holding... sorry, "management" company in Malta. Maybe they are doing just enough business in Malta to hold up to scrutiny. Most are based on no one looking too closely. But it's not a very meaningful difference. Heck, maybe I'd occasionally fly to Malta and work from there if that helped to "optimize" taxes like the big boys.