4 ms·
The Spanish system absolutely boggled my mind when I lived there. I also remember the "retenciones" system where your client retains a percentage of your paymen
by aosaigh 7y ago
The Spanish system absolutely boggled my mind when I lived there. I also remember the "retenciones" system where your client retains a percentage of your payment for the government to collect as upfront tax (like a secondary VAT for income tax). I always assumed the complexity and untrusting nature of the tax system drives a lot of people to evade taxes partially or completely.
- pier25 7y agoAFAIK the "retenciones" tax is for employees, not when paying for a service/good and you receive an invoice from a freelancer or another company.