Hacker News new | ask | show | jobs
by fapjacks 3642 days ago
Interesting! I was wondering this, too. What happens when the income goes up? To, say, a million euro per year? Do you suddenly get hit with large, "European style" taxes (~40-60%)? Or is it fairly small like with microenterprises, just somewhat increasing as you go up?
1 comments

If the income goes beyond 100k, you pay 16% tax on profit. Also, if you reinvest a part of the profit to acquire IT software or hardware you are saved from paying 16% of that investment.
Wow, that is totally reasonable. Actually incredibly cheap by European tax standards.