3 ms·

Corporation tax, right?

• Kiro 9y ago
  No, I mean the fee you need to pay on salaries. 30% in my country. So if you pay $100 gross salary you need to pay an additional $30 to the state. On the $100 the employee will pay normal taxes but the cost for the company will be $130. I'm presuming they "take out" the money as salaries here. Or is it done by dividends? 15% sounds low for that since you, in my country, need to pay corporate tax first and then taxes on the actual dividends themselves.