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How long can you not file taxes before they come get you? Asking for a friend...
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@pernia @nimt @CZB @meowski @mint Payroll/income tax is usually entirely on the side of employer, alongside with contributions to mandatory medical insurance and retirement insurance funds. If you have employees,you have to take care of those and file annual income tax reports for your employees too, or delegate it to some bank's wage product, so they would automate it for you, which many if not most companies do.
The only case when you may have to file a report as individual, is when you get some sudden sizable income outside of your employment, most often winning a lottery or selling a property. For the latter there are also tax deductions available when you buy property afterwards.
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@iamtakingiteasy @CZB cc @mint @nimt do they have payroll tax in russia or do u have to do them yourself?
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@CZB It would depend on where you are and what you are doing greatly. For example in Russia you can get away without ever filing taxes, as usually paperwork is delegated to the employer and even as individual entrepreneur, so long your annual income does not exceed 60M rur (~600k usd) annually, you have less than 15 employees and your business activities fall into certain categories covered by patent-based tax system, you just pay small fixed amount annually with no reports whatsoever.
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@iamtakingiteasy @nimt @CZB @meowski @mint >Payroll/income tax is usually entirely on the side of employer, alongside with contributions to mandatory medical insurance and retirement insurance funds. If you have employees,you have to take care of those and file annual income tax reports for your employees too, or delegate it to some bank's wage product, so they would automate it for you, which many if not most companies do.
yea, we have that too. i was just asking because you said "you can get away with never filing taxes", as if having the government take your money before you even recieve it was somehow better xd
>The only case when you may have to file a report as individual, is when you get some sudden sizable income outside of your employment, most often winning a lottery or selling a property. For the latter there are also tax deductions available when you buy property afterwards.
thats interesting. we also have that shitty tax on selling property. but something you can do to avoid it is to put your property on something called an "anonymous society" (sociedad anónima), which is a fictiocious person (sort of like a corporation/trust but simpler), and sell your shares to that society which doesnt have to pay that tax. its a nice tool
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@pernia @nimt @CZB @meowski @mint
> yea, we have that too. i was just asking because you said "you can get away with never filing taxes", as if having the government take your money before you even recieve it was somehow better xd
Marginally so, but it still is. Shifting the accounting and paperwork chores to those who has to do it anyway removes unnecessary concern for the employed specialists, you can think of that as state-mandated accountant function for the employers. Also instead of wages being advertised in relation to taxes, usually it is the end wage that is advertised and taxes are calculated around that amount, making it more of employing tax than an income tax on practical level. The downside however, this can work so well, awareness of tax amounts disappears, as those are never a concern for employees en masse. This can be to a degree negated by employers handing out sizable portion if not most of the wage outside of accounting, but that got a lot less prevalent than it was even ten years ago.
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@iamtakingiteasy @nimt @CZB @meowski @mint it does reduce work for wage laborers, which is nice i agree. that's less freedom though, i can't even evade taxes that way.
> awareness of tax amounts disappears.
that's interesting. here they don't advertise the wage after taxes, if at all, and they hand you a pay slip with the calculations on the taxes so you know how much you gave up to the government.
>This can be to a degree negated by employers handing out sizable portion if not most of the wage outside of accounting, but that got a lot less prevalent than it was even ten years ago.
wdym? are you referring to the employers cost for doing accounting?
also do they have progressive taxes in russia?
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@pernia @nimt @CZB @meowski @mint
> wdym? are you referring to the employers cost for doing accounting?
I mean giving portion of wage in cash, while reporting and paying taxes off much smaller amount. Tax evasion in Russia is employer's responsibility.
> also do they have progressive taxes in russia?
Apparently since 2021 there is, a jump from 13% to 15% for annual incomes over 5M rur (~50k usd).
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@iamtakingiteasy @nimt @CZB @meowski @mint >I mean giving portion of wage in cash, while reporting and paying taxes off much smaller amount. Tax evasion in Russia is employer's responsibility.
ok lmao. extremely based i love that. we're too cucked for that unfortunately
>Apparently since 2021 there is, a jump from 13% to 15% for annual incomes over 5M rur (~50k usd).
that's quite nice. here they start charging your ass 10% (after they charge you 13% for social security) if ur monthly income is above 941,000 CRC (~1700 USD, ~20,500 USD annual), and it keeps going up until 25% the more money you make (4,845,000 CRC monthly, ~105,700 usd yearly). corrupt piece of shit welfare state