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Tax comparison of Sing, San Fran, Helsinki, Tokyo and Sydney

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jpatokal
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Tax comparison of Sing, San Fran, Helsinki, Tokyo and Sydney

Postby jpatokal » Thu, 31 Oct 2013 4:41 am

Howdy folks,

Wrote up a little comparison of the tax situation for entrepreneurs across five countries including our favorite little red dot.

[quote]More specifically, in each of San Francisco, Helsinki, Sydney, Tokyo and Singapore, if your business earns $100,000 in net revenue and pays you a “ramen-profitable”
Vaguely heretical thoughts on travel technology at Gyrovague

PNGMK
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Re: Tax comparison of Sing, San Fran, Helsinki, Tokyo and Sy

Postby PNGMK » Thu, 31 Oct 2013 8:07 am

[quote="jpatokal"]Howdy folks,

Wrote up a little comparison of the tax situation for entrepreneurs across five countries including our favorite little red dot.

[quote]More specifically, in each of San Francisco, Helsinki, Sydney, Tokyo and Singapore, if your business earns $100,000 in net revenue and pays you a “ramen-profitable”

ComingSoon
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Re: Tax comparison of Sing, San Fran, Helsinki, Tokyo and Sy

Postby ComingSoon » Thu, 31 Oct 2013 8:54 am

jpatokal wrote:Howdy folks,

Wrote up a little comparison of the tax situation for entrepreneurs across five countries including our favorite little red dot.

No surprises for who comes up top -- and there's a shout-out to this forum at the end :cool:


Fantastic article! Obviously a lot of time and research went into that.

If it is helpful, the pension numbers for Tokyo are slightly wrong. The amount is 14,980 per month, OR you go into a split situation with your employer paying half of 17%.

I think most solopreneurs would be paying the flat Y14,890 per month, with the understanding that their final pension amount would be much smaller than if they were on the employer supported scheme.

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JR8
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Postby JR8 » Thu, 31 Oct 2013 11:15 am

Excellent article! Very interesting!

Quite boggling that aggregate taxes in CA are so high.

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jpatokal
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Postby jpatokal » Thu, 31 Oct 2013 7:24 pm

Thanks all :cool:

ComingSoon, you're absolutely right re: Japanese pensions, updated post now live. The exact pension numbers aren't hugely consequential though, since they're considered "income" for all totals.
Vaguely heretical thoughts on travel technology at Gyrovague


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