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Salaries in general (not just of software developers) are tax deductible in many countries. This is desirable because we do not want companies to be paying taxe
by offnominal 1y ago
Salaries in general (not just of software developers) are tax deductible in many countries. This is desirable because we do not want companies to be paying taxes on revenue.
- kevinventullo 1y agoI dunno, I pay taxes on revenue.
- offnominal 1y agoAre you a company? If not, then you probably don't have revenue -- you have income.
- tomrod 1y agoIn the US, unless you are a C Corp then you probably also pay taxes on net income of some form. C Corps have some different accounting, where dividends are double taxed unfortunately. Small business owners are very impacted by the R&D schedule.
- crvdgc 1y agoIf only I can pay tax just for income - expenses (rent, food, etc.)
- whichfawkes 1y agoDo you take a standard deduction? It's clearly not enough to cover all of the expenses that are required to generate your "revenue", but it's a gesture in that direction.