4 ms·

My first decision when building my company was to leave Spain. They smash you very quickly. They do not care if they ruin you via prosecurion or you have to sh

My first decision when building my company was to leave Spain. They smash you very quickly. They do not care if they ruin you via prosecurion or you have to shut down. The tax agency is extremely agressive. The laws favor the agents to extents that are illegal and weven criminal (check the bonus of inspectors). Check Robert Amsterdam work on this, something we all spanish know for a long time.

ken666 2mo ago
Where did you move to, if I can ask?
- germandiago 2mo ago
  Two countries in South East Asia (one is Singapore) to operate. The business is meant to be b2b SaaS which is quite global. But if I lived in Spain... omg I do not want even to imagine how they would try to prosecute me. So I do not live there and problem solved.
  - Asraelite 1mo ago
    Why are you unwilling to say the other country?
    - germandiago 1mo ago
      Bc it is not definitive and bc it is my right to keep it for me :D
TacticalCoder 2mo ago
Spain also smashes foreigners owning a property in Spain. They see tourists and foreigners (even if they're from the EU) as a gigantic target to squeeze and screw as hard as they can. That's what you get when your economy is based on tourism and rich foreigners owning property there: you have to squeeze those hard for it's basically all you have. Officially tourism is "only" about 15% of the GDP but Spain is a service economy and so many of those services revolve around tourism and foreigner owning properties there. Same for the construction sector: they love it when rich tourists have fancy villas built there. My wife used to own a house there. So did her mom. They sold it all and kissed Spain goodbye once and for all: too disgusted by how the fiscal authorities were treating them. I won't go on vacation there anymore. Both my wife and my daughter speak spanish and yet we don't plan to go there anymore: she's done giving money to Spain to be seen, in return, as a lemon out of which more juice can be squeezed. Vote with your feet and you wallet: when a country tries to fuck you, give it the middle finger.
- marc 2mo ago
  > “Spain also smashes foreigners owning a property in Spain.” In which way?
  - Grombobulous 2mo ago
    Usually when people say stuff like this it translates to “the tax rate is slightly higher than [insert less desirable location here]” or "my marginal tax rate seems really high since I have a very high income"
    - germandiago 2mo ago
      > "my marginal tax rate seems really high since I have a very high income" You can read my comment above. If it was only that... it is way more than that. But hey, a high income is not a reason to overtax over 50% to anyone. That is crazy just based on the idea of "because they earn more" IMHO.
      - Grombobulous 1mo ago
        I don’t think your comment above did your argument a lot of favors. ~50% taxation rate is not even a particularly uncommon tax rate for top earners. Basically every developed country has that. From 1932 to 1981 the top federal tax rate in the United States was over 60%, peaking above 90%.
        germandiago 1mo ago
        Rape and murder is not uncommon either and I think we can agree it is not something desirable.
        deleted 1mo ago
        [deleted]
        deleted 1mo ago
        [deleted]
seydor 1mo ago
Another data point: Self-employed people in Greece are now taxed based on a "mandatory income" , which is meant to reduce tax evasion but also force small businesses to consolidate or shut down (guess which one happened). About 4000 people have objected this unfair taxation and requested being reaudited. 90% of them ended up being taxed even more, because tax laws are overly burdensome , complex and erratically applied. It's also not because of lack of oversight by tax authorities. In fact greece has the most complex digital oversight rules and digital bureaucracy , to the point that it is now ranked the world's worst country to do business: https://www.tmf-group.com/en/news-insights/articles/global-business-complexity/most-complex-jurisdictions/ https://www.tmf-group.com/en/news-insights/articles/global-b...
- germandiago 1mo ago
  I find these practices criminal and directly humilliating: asking for permission to work as they smash you and if you have to shut down, go get f... I do not know how that can be seen as a good thing from any perspective (whether you believe in tax payments or not I mean). It would be way better to let people grow a minimum (and later pay reasonable amount of taxes) than making them shutdown under totally unfair premises. On top of that many of these people might have to end up subsidized because of these practices, which I find them at the level of a mafia, tbh.

ken666 2mo ago

Where did you move to, if I can ask?

germandiago 2mo ago
Two countries in South East Asia (one is Singapore) to operate. The business is meant to be b2b SaaS which is quite global. But if I lived in Spain... omg I do not want even to imagine how they would try to prosecute me. So I do not live there and problem solved.
- Asraelite 1mo ago
  Why are you unwilling to say the other country?
  - germandiago 1mo ago
    Bc it is not definitive and bc it is my right to keep it for me :D

TacticalCoder 2mo ago

Spain also smashes foreigners owning a property in Spain. They see tourists and foreigners (even if they're from the EU) as a gigantic target to squeeze and screw as hard as they can. That's what you get when your economy is based on tourism and rich foreigners owning property there: you have to squeeze those hard for it's basically all you have. Officially tourism is "only" about 15% of the GDP but Spain is a service economy and so many of those services revolve around tourism and foreigner owning properties there. Same for the construction sector: they love it when rich tourists have fancy villas built there. My wife used to own a house there. So did her mom. They sold it all and kissed Spain goodbye once and for all: too disgusted by how the fiscal authorities were treating them. I won't go on vacation there anymore. Both my wife and my daughter speak spanish and yet we don't plan to go there anymore: she's done giving money to Spain to be seen, in return, as a lemon out of which more juice can be squeezed. Vote with your feet and you wallet: when a country tries to fuck you, give it the middle finger.

marc 2mo ago
> “Spain also smashes foreigners owning a property in Spain.” In which way?
- Grombobulous 2mo ago
  Usually when people say stuff like this it translates to “the tax rate is slightly higher than [insert less desirable location here]” or "my marginal tax rate seems really high since I have a very high income"
  - germandiago 2mo ago
    > "my marginal tax rate seems really high since I have a very high income" You can read my comment above. If it was only that... it is way more than that. But hey, a high income is not a reason to overtax over 50% to anyone. That is crazy just based on the idea of "because they earn more" IMHO.
    - Grombobulous 1mo ago
      I don’t think your comment above did your argument a lot of favors. ~50% taxation rate is not even a particularly uncommon tax rate for top earners. Basically every developed country has that. From 1932 to 1981 the top federal tax rate in the United States was over 60%, peaking above 90%.
      - germandiago 1mo ago
        Rape and murder is not uncommon either and I think we can agree it is not something desirable.
        deleted 1mo ago
        [deleted]
        deleted 1mo ago
        [deleted]

seydor 1mo ago

Another data point: Self-employed people in Greece are now taxed based on a "mandatory income" , which is meant to reduce tax evasion but also force small businesses to consolidate or shut down (guess which one happened). About 4000 people have objected this unfair taxation and requested being reaudited. 90% of them ended up being taxed even more, because tax laws are overly burdensome , complex and erratically applied. It's also not because of lack of oversight by tax authorities. In fact greece has the most complex digital oversight rules and digital bureaucracy , to the point that it is now ranked the world's worst country to do business: https://www.tmf-group.com/en/news-insights/articles/global-business-complexity/most-complex-jurisdictions/ https://www.tmf-group.com/en/news-insights/articles/global-b...

germandiago 1mo ago
I find these practices criminal and directly humilliating: asking for permission to work as they smash you and if you have to shut down, go get f... I do not know how that can be seen as a good thing from any perspective (whether you believe in tax payments or not I mean). It would be way better to let people grow a minimum (and later pay reasonable amount of taxes) than making them shutdown under totally unfair premises. On top of that many of these people might have to end up subsidized because of these practices, which I find them at the level of a mafia, tbh.