kspaans

32 ms·

301.
by kspaans 11y ago
That's why you claim a foreign tax credit on those income taxes you paid in NL. If NL charges less income tax than you'd be charged in the US, then your tax credits will reduce your taxable income to, say, $20k like you mentioned.
302.
by kspaans 11y ago
See my sibling reply, it's _not_ double-taxation. If a US citizen works in a foreign country and happens to pay higher income taxes than they would in the US (e.g. in Canada), the US won't charge them any extra.
303.
by kspaans 11y ago
That's not double-taxation if the US has a tax treaty with the other nation (which is does with most nations). You get tax credits for foreign income taxes paid such that you pay max(foreign_tax, us_tax).
304.
by kspaans 11y ago
For more reading about your possible outcomes in liquidation events, check out https://github.com/jlevy/og-equity-compensation It is US-centric (especially the tax stuff), but there is still lots of useful vocabulary t
305.
by kspaans 11y ago
Good point, I should have said that the headers correctly fail DKIM auth, but the gmail/inbox interface doesn't flag it as spam or do anything to tell you the email is spoofed! I can demonstrate if you want (email in my user profi
306.
by kspaans 11y ago
That's funny, because gmail doesn't verify DKIM headers. At least not when I spoof gmail addresses! Maybe because my originating mailserver is whitelisted?
307.
by kspaans 11y ago
Canadian Couch Potato and PWL Capital have a rate-of-return calculator: http://canadiancouchpotato.com/2015/07/13/calculating-your-p... and scroll down to "Use the Rate of Return Calculator": https
308.
by kspaans 11y ago
And, you know wages are way lower in those developing countries with cheap land. You may want to adjust for average and median wages when comparing the cost of living in various countries.
309.
by kspaans 11y ago
It's just like conflict diamonds, (conflict oil??), sweatshop clothes, and electronic "recycling": make sure you're buying from an ethical dealer. One of the reasons the coffee is so expensive is you have to find the poo
310.
by kspaans 11y ago
They are paying property taxes and consumption taxes. Though I'm not sure how much money you can receive, as a dependent, from outside of the country before the CRA comes knocking.
311.
by kspaans 11y ago
Possibly you could circumvent that addiction by making the tax an LVT. Make the effect on locals neutral by reducing property taxes and/or PST by about the same amount as the revenues from LVT. Thus the only payers with an increased ta
312.
by kspaans 11y ago
You may have to lobby local councils to make that legal first. In Westminster (a borough in central London), it's illegal to sleep on the street and illegal to "give people free food" on the street.
313.
by kspaans 11y ago
I've heard elsewhere that the reason for that pricing in Berlin (and/or Germany) is there a combination of policy and culture that makes houses unsuitable as investment vehicles. I forget what the exact mechanics are, but basicall
314.
by kspaans 11y ago
Any gains made to assets inside of the account are tax free. So if you put in $4k worth of stocks one year and they increase in value by 1000%, that's still allowed by the TFSA rules. If you never contributed at all and were starting t
315.
by kspaans 11y ago
Right, and I can see your point above about the change being pointless because it's so easy to work around ISOs!
316.
by kspaans 11y ago
But they were only going to raise them for options worth more than $100k right? Other than people "winning the lottery", and C-level staff, how many startup employees would be affected by this? My understanding is that comp packag
317.
by kspaans 11y ago
That's a good question actually. In Canada you can withdraw from your RRSP early if you want, but you get hit with something like a 25% "don't do that" fee. What's the reason for this lock-in? I can't see one o
318.
by kspaans 11y ago
In Canada you can self-manage your RRSP (a tax-defferal plan much like 401k) and choose which funds or stocks to buy, etc. But when I was getting matching RRSP contributions from an employer (and I assume there are some kind of government t
319.
by kspaans 11y ago
(Disclosure: Canadian living in the UK) Pension contributions are restricted because they are tax-deferred. You avoid paying income tax on the money you put in the pension. That money will also grow tax free, but you will pay normal income
320.
by kspaans 11y ago
DVP has a high-occupancy-vehicle lane doesn't it? >:^)
321.
by kspaans 11y ago
Not sure if you're being sarcastic, but the whole point of making the changes to the capital gains taxes is so that it only affects people who sell. The old ladies will simply be earning less profit when they _sell_ their homes, there
322.
by kspaans 11y ago
Why are you sitting on piles of cash (digital or otherwise) such that NIRP would hurt you? It's much more sensible to keep your long-term savings in non-cash vehicles. And your short-term, liquid holdings (rainy day savings fund) doesn
323.
by kspaans 11y ago
That's probably the 20% VAT that's included in the price. If you are coming from a state with no sales tax, this could explain your surprise. Hell, coming from Canada where I was paying 13% sales tax (never included in the sticker
324.
by kspaans 11y ago
Generally speaking, you don't need to be paid as much if you don't have to pay for your own healthcare, pension, schooling for kids, etc. I believe that's what the parent is alluding to.
325.
by kspaans 11y ago
Check out Canada's NAFTA visas: http://www.canadaworkvisa.ca/info/nafta1.php
326.
by kspaans 11y ago
Or maybe that Canadians are willing to work for less? (I remember reading an article that auto manufacturers charge more for the same cars in Canada simply because Canadians will pay more.)
327.
by kspaans 11y ago
I think one way to soften the blow could be to make all property sales, even your first home that you live in full-time, fully capital-gains taxable. Homes need to be seen less as investment vehicles.
328.
by kspaans 11y ago
Have a degree? Get a TN status (non-immigrant work permit). All you need is a job offer from an American company.
329.
by kspaans 11y ago
Metro Vancouver (2800km^2) is quite a bit bigger than SF (600km^2), so you may want to include rents in other outlying Bay Area cities.
330.
by kspaans 11y ago
Contracting rates != salaried rates. You have to charge more because you don't get any benefits (vacation, sick leave, pension), and have little job security.

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