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Tax season | |
2020.02.05 21:55:02 CET | |
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It's tax season again. I made the final tax payment for 2019 and now | |
have to prepare all my documents to submit the calculation to the tax | |
authority. This is a boring process - it should be a pretty simple | |
process given I have a single source of income, but that source | |
actually pays in cash and equity. Equity in the US, in US Dollars. | |
This complicates the whole thing. | |
Oh and 2019 was the first year in which the tax authority instead of | |
paying me back my tax credits (what I overpaid in 2018) just used it | |
as credits for future taxes. I think I might have overpaid again and | |
will try to adjust it in 2020. | |
Until 2019 all my taxes were paid at source - meaning I never go to | |
see the money, my employers paid the tax authorities directly, little | |
by little, month by month. This will be the second year that I get | |
paid gross monthly salaries and have to make a single payment (well | |
actually two) for the whole year. So I see all that money | |
accumulating during the year and then have to say goodbye in a single | |
transaction. This makes paying tax a lot more explicit. It's painful. | |
It's not revolting only because here I can see what taxes are paying | |
for. If I were in a country where corruption and misuse of public | |
money are common I would be livid. It's easy to understand why many | |
governments are not in favor of this model of tax payment. |