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I'm unfamiliar with the tax law around contractors. What tax is missing? Whatever taxes google doesn't pay will be paid by the employer right?
by kjeetgill 8y ago
I'm unfamiliar with the tax law around contractors. What tax is missing? Whatever taxes google doesn't pay will be paid by the employer right?
- lovich 8y agoOn income tax, but these rules around what gifts are allowed to go to TVCs are there because that is happening already and going untaxed. Other additional points for anger around these sorts of faux employee setups is that they make it easier for companies to get around employee protections when it comes to firing/laying off because they've turned it into a contract with another company, and that traditional growth from low skill jobs inside a company has disappeared by this artificial barrier. You no longer hear stories about a janitor or secretary who worked their way up into executive ranks by seeing unfulfilled needs in the company and learning to solve them. You are either over the arbitrary skill value from the beginning, or you are kept in the lower ranks of second class citizen
- joshuamorton 8y ago>On income tax, but these rules around what gifts are allowed to go to TVCs are there because that is happening already and going untaxed. Income tax is still paid for the employees income though, its just that Google pays a vendor firm, and that vendor firm pays the employment tax, and the vendor pays income tax on their income from the vendor firm.
- lovich 8y agoI'm sure that those gifts are reported as income to same regularity that tips are in restaurants
- joshuamorton 8y agoI'm confused. I'm talking about income from work. Not income from gifts, which upthread was mentioned are banned.