charlesdm

5 ms·

1.
Simulador Hipoteca(simuladorhipoteca.es)
2 points by charlesdm 1y ago|0 comments
2.
Finding a Job in Tech in Belgium(techjobs.be)
1 points by charlesdm 2y ago|0 comments
3.
by charlesdm 4y ago
Perhaps it's more streamlined in the UK, but generally in Europe you will have to go to a notary. The process is often 1) notary (incorporation deed creates the entity), 2) followed by setting up a bank account (get the initial capital
4.
by charlesdm 4y ago
400 million revenue, 20 billion acquisition price. Sounds like free market to me? They paid up to protect their business and everyone walked away happy.
5.
by charlesdm 4y ago
The right way is to move away from gas and invest in renewables.
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by charlesdm 4y ago
Where are you based? If you are able to speak English well, the honest answer is that you can be making the same as EU/US based peers. But perhaps not at the same company. Usually landing a remote position creates significant opportuni
7.
by charlesdm 4y ago
The answer is likely not to hold any local currency. Which might not really be feasible for many local people.
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by charlesdm 4y ago
Which is fine. It's fine to get paid. That's the deal -- you are getting a bag of cash (more than you could ever make as an employee) for an asset. You lose all say over it once you have gotten your bag of cash.
9.
by charlesdm 5y ago
VAT is a tax on consumption. But it is only levied when you take a certain action with your funds -- i.e. consume it. You could also (re)invest and let your capital compound. So yes, if you spend all your money to the last penny, that would
10.
by charlesdm 5y ago
It seems weird you are forced to distribute the dividend in BGN. Pay the withholding tax, yes. But the dividend itself? Most accountants can calculate the corresponding currency equivalent for the dividend being declared on the payout day.
11.
by charlesdm 5y ago
Unless you're actually living in a tax haven or a third world country with no CFC laws, you're almost certainly breaking the law with this. The conversations I have had with people who have found the gold wheel is mind boggling, a
12.
by charlesdm 5y ago
He is probably adding VAT to his income tax rates, which imo is not correct.
13.
by charlesdm 5y ago
Consumption yes. But how do you get to 70-80% for reinvesting? Corporate taxes are 20%, dividend taxes 30% on remaining 80? That gets you to 44% net tax. From gross to net. Income taxes are higher but still not 70-80%? I agree income taxes
14.
by charlesdm 5y ago
You can't just work your way to wealth. You need to reinvest what you make into other assets and let them compound... That said, I know self employed developers making 150-200k (EUR) gross per year as contractors. But I also know emplo
15.
by charlesdm 5y ago
You forgot to mention you do have a wealth tax. For wealthy people, those tend to be one of the "worst" taxes, because it is payable regardless of whether your investments do well or bad.
16.
by charlesdm 5y ago
Most self employed in Europe have access to similar tax policies. You could think about and approach things differently to attain a similar result. I live in Belgium with similar high income tax rates to Sweden, but I know quite a few peopl
17.
by charlesdm 5y ago
The honest answer is: it does not matter. Great products have been built on very diverse tech stacks. Million dollar businesses have been built on a single VPS running PHP, without version control. It's about finding a problem to prope
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by charlesdm 5y ago
If you steal the Coca Cola recipe and release it, don't you think you'd be acting illegally? These documents were stolen from law firms, trust managers and accounting firms. Aside from the fact that many of these structures are no
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by charlesdm 5y ago
The result of years of low interest rate policies.
20.
by charlesdm 5y ago
How does a system created by the SEC detect that person A is a (close) friend of person B, with accuracy? Family I can understand, if you share the same last name etc, but friends?
21.
by charlesdm 5y ago
Dubai has no income taxes. So this is irrelevant. Companies are not even required to hold records for tax purposes.
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by charlesdm 5y ago
Maybe. But it is better than the alternative? It's the quickest solution. Have a look at what happened when Venezuela ended up launching the Petro.
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by charlesdm 5y ago
That should be taxable in the hands of the employee, obviously. Estonia seems to be doing well with their tax system, and it's pretty much exactly what is described above.
24.
by charlesdm 5y ago
Depends on your citizenship. If you hold non US citizenship, it is generally easy to avoid most taxes by physically relocating to a tax haven (low or no tax). But that is perfectly legal, not fraud.
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by charlesdm 6y ago
FATCA is a pain though
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by charlesdm 6y ago
I personally would not have gotten the US citizenship due to the negative tax consequences (global taxation), but to each their own. Unless you own substantial assets they can still renounce it in the future if interested.
27.
by charlesdm 6y ago
Venezuela aside, a lot of these LatAm countries have some type of capital controls in place. (Girlfriend is Colombian) Unless you have originally brought cash in the country and received some type of pre clearance from the government, it ge
28.
by charlesdm 6y ago
Going freelance is likely the right answer in Europe. Many companies are happy to pay 400+ EUR daily for a qualified developer, on longer term engagements. The last pure engineering gig I did (specialised mobile work while trying to figure
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by charlesdm 6y ago
Which tech did you use for this? Nice end result!
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by charlesdm 6y ago
I'm definitely not antivax. I've gotten pretty much every common vaccination. In my view there is a difference between antivax and a new drug or vaccine that has not been widely tested.

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