Tuesday, November 27, 2007


Really quick: Fuck France. There are so many taxes here, I think the take-home pay is about 2% of your gross pay. And sometimes they tax you on "imagined" earnings.

As the creator of a company, I can't pay myself yet, but the French somehow figured this out and they make you pay social contributions (~30% of your gross salary) based on the minimum wage (which is something like 12,000€ or something). So even though I don't pay myself anything, I still have to pay ~3000€ per year because I "should" make that amount of money.

Luckily, there's a loophole for the first year. I can apply for a grant that waives most of these taxes, except two little taxes: The Generalized Social Contribution and Reimbursement for the Social Debt. 300€ that [according to the government] should have earned.

Fuck them. Since they make me pay taxes on imaginary income, I'm going to go on imaginary business trips and reimburse myself money for them.

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