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by aspelund
5195 days ago
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That sound great. When I sold my part of a startup in Sweden, I got half of it taxed at 30%, and the rest taxed as salary, which is very highly taxed here. Not as nice surprise. Later on I started a new company and put in some of the fully taxed money into that company. When paying employees salaries then the same money was taxed as salary again. No deductions anywhere to be seen. If I would have gotten more money from my exist (I didn't get millions either) the procedure would have been to keep the money within a holding company. Then the taxation wouldn't have been multiple income taxes. But for a small player that really isn't an option, resulting in a truly horrible and counterproductive system. |
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