--------------------------------------------
Tax season
2020.02.05 21:55:02 CET
--------------------------------------------
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.
.
