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Just did the same basically half an hour ago and it's a nightmare. It's just for a holding and a holding for a startup and it doesn't even generate any revenue
by ogarten 4y ago
Just did the same basically half an hour ago and it's a nightmare. It's just for a holding and a holding for a startup and it doesn't even generate any revenue until the startup shares are sold in an exit event.
Basically forces you to get a tax professional which is expensive not startup/founder friendly at all.
- nilslindemann 4y agoOf course, States don't want their citizens to pay the least possible amount of taxes, so they make it a nightmare to do so. This way, the state legally steals money from its citizens. Why do you think they called it "Elster"? https://en.wikipedia.org/wiki/Eurasian_magpie#cite_ref-Opie1959_52-0:~:text=In%20Bulgarian%2C%20Czech%2C%20German%2C%20Hungarian%2C%20Polish%2C,magpie%20is%20seen%20as%20a%20thief https://en.wikipedia.org/wiki/Eurasian_magpie#cite_ref-Opie1.... As we say: "Die diebische Elster".