Re:Microsoft Near Deal to Buy Minecraft Maker Mojang
by Houshalter on Tuesday September 09, 2014 @11:58PM
(#8294843)
Notch is Swedish isn't he?
Re:Microsoft Near Deal to Buy Minecraft Maker Mojang
by rmc on Wednesday September 10, 2014 @05:47AM
(#8295751)
IKEA is Swedish as you get, and it's technically a dutch charity.
Re:Microsoft Near Deal to Buy Minecraft Maker Mojang
by hellweaver666 on Wednesday September 10, 2014 @07:13AM
(#8295995)
Technically it's controlled by a Dutch not-for-profit organisation (not a charity)
Re:Microsoft Near Deal to Buy Minecraft Maker Mojang
by bjourne on Wednesday September 10, 2014 @04:53AM
(#8295582)
Ingvar Kamprad is too, doesn't prevent him from not paying any taxes. It's not very hard to find exploits in the tax system. Even in the worst case, the corporate tax is 22%.
Re:Microsoft Near Deal to Buy Minecraft Maker Mojang
by Joona on Wednesday September 10, 2014 @12:30AM
(#8294935)
His tax rate is probably around 40-50%.
Re:Microsoft Near Deal to Buy Minecraft Maker Mojang
by carlio on Wednesday September 10, 2014 @02:16AM
(#8295156)
He's the 4th largest tax payer in Sweden apparently: https://twitter.com/notch/status/410757753737469952
1. almost everything is capital gains (which comes to 23.6%). Note that this was 15% under GWBush, so it was even better back then.
2. You can avoid state taxes by relocating to WA/TX (If I recall correctly, this was Bezos' motivation for starting Amazon in Washington). A lot of billionaires live in 0% state capital gains tax states, except the ones that need to live in CA/NY for the tech/financial sector respectively. If you live in one of those, then think of the total taxes as more like 33% total (federal + state)