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Old 31st Dec 2023, 09:44
  #442 (permalink)  
dirk85
 
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Originally Posted by EatMyShorts!
Sounds like HiFly and EuroAtlantic, ACMI services.
To be clear: in Netjets we do NOT have this option, we HAVE TO pay the 25% non-resident tax and then deal with local tax. In Germany, for example, there is no further income tax required - only social security. If you are on a high salary, it is a good deal. If you are married with several children and a medium salary, it may not be the best deal in Germany.
It’s not Netjets to give you that option, it’s the Portuguese tax authority, and the company has to comply. You can also get the money back when filling your taxes in Portugal, without involving the company.
And no, it’s none of those companies.

PS: I heard the Germans are changing their laws and might start taxing in germany the income generated abroad in the state of the operator, if resident in germany, is that true?
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