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One of the biggest taxes for startups tends to be the employment taxes eg social security and healthcare. That is what most European startups would like to see
by jkaljundi 11y ago
One of the biggest taxes for startups tends to be the employment taxes eg social security and healthcare. That is what most European startups would like to see abolished or capped for startups. All the rest does not really matter.
In Estonia for example there is no corporate income tax for anybody, until you pay out dividends. At the same time, the employment taxes on top of salaries are 33% + there is a 20% personal income tax. That means net salary is just around half of company's cost. The proposal from entrepreneurs has always been to cap the social and healthcare taxes, because there is no good reason why a more educated person should pay more for healthcare and pensions.