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If true, I would like to hire an infinite number of devs in Switzerland (provided the government pays the 135% of salary up front).
by osigurdson 3y ago
If true, I would like to hire an infinite number of devs in Switzerland (provided the government pays the 135% of salary up front).
- Shaanie 3y agoNot how deductions work. Say 20% corporate tax, a 100% deduction (which is the normal business expense) means you don't pay any tax. A 135% deduction means you'd get to expense 35% more, avoiding those 20% for a "total saving" of 7% compared to a normal expense.
- osigurdson 3y agoShoot. I thought I was going to be able to absorb all of the Switzerland's wealth for a moment there.