4 ms·
I don't know how taxes work in Sweden, but in most countries gifts and donations are taxed at much lower rate than employment income, so I would expect the net
by pzmarzly 4y ago
I don't know how taxes work in Sweden, but in most countries gifts and donations are taxed at much lower rate than employment income, so I would expect the net income to be way higher than $2k.
- cinntaile 4y agoThese types of gifts and donations are considered regular income and are therefore taxed as such.
- noAnswer 4y agoThat can't be true, or everyone would be paid in gifts and donations. (Anyway. He has to report his donations as his self-employed earnings.)
- guerrilla 4y ago> everyone would be paid in gifts and donations. That's literally fraud and tax evasion which comes with enormous fines, prison time, revocations of licenses and so on, which is why people don't do that.
- kelnos 4y agoContext matters. You can't arbitrarily declare something a gift and expect the local tax authorities to just agree with you.
- oneeyedpigeon 4y agoI don't think many people would choose to be paid an indeterminate amount by their employer each month, consisting of how much they feel like paying that month.