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Recent content by MRot

  1. M

    Change in Italy Impatriate Regime from 2024

    -70/90% tax reduction will become 50% reduction only -Minimum stay required of 5 years (previous 2 years) -Maximum income of 600k/year -Must be a highly qualified professional (?) https://www.ilcommercialistaonline.it/regime-impatriati-2024/
  2. M

    Poland for freelancer tax

    You are right. Though I personally think Italy has some very livable mid-size cities with good attractions for a foreigner, whereas I'm not too sure about Poland. I agree Poland is cheaper in cost of living, especially when comparing the larger cities. And compared to North Italy, taxes are...
  3. M

    Poland for freelancer tax

    Milan is expensive. If you live in Italy and work remote, there are better and much cheaper choices than Milan with a high quality of life. Unless you really are a big city person.
  4. M

    Poland for freelancer tax

    Poland is a bit cheaper, but Italy is definitely not expensive. If you make decent money, that difference in costs means very little. That being said, I do think Poland is a very solid choice if you fall into the 8,5% bracket. Italy is more restrictive, because you need to stay there for at...
  5. M

    Poland for freelancer tax

    Actually the Italian pension body released a clarification this June, that the tax reduction from the Impatriati regime also reduces Social contributions, thereby making an attractive effective rate...
  6. M

    Poland for freelancer tax

    Would the Italy Impatriate scheme perhaps be interesting as Freelancer. The combined tax burden would be about 17% in the North, 5% in the South. At a 200K profit. The main constraint is that you need to stay in the country for a minimum of 2 years, and the tax reduction lasts for a maximum of...
  7. M

    New tax in Bulgaria?

    I don't remember, but it's featured in this video; And they have a smaller one near Bankya.
  8. M

    New tax in Bulgaria?

    No issues with friendliness in Sofia and Plovdiv. What I found offputting was a very car-centric city. Also very noticable that cars are old and loud, and people tend to floor it when driving from a green light. I don't see anything like this in other European countries I have visited. Next to...
  9. M

    Romania - Fiscal changes coming soon - Need Plan B

    Latest news just in. Appears the limit on 30% profitability is not off the table, and a Micro Corporate with a profit margin of >30% will have to pay 16% Corporate Tax rate...
  10. M

    Romania - Fiscal changes coming soon - Need Plan B

    More news; https://www.profit.ro/taxe-si-consultanta/exclusiv-guvernul-a-decis-renunta-la-multe-restrictii-la-microfirme-forma-blanda-de-impozit-la-case-peste-500-000-euro-prag-redus-la-masini-scumpe-facilitati-taiate-ce-va-fi-cu-pfa-21280104
  11. M

    Romania - Fiscal changes coming soon - Need Plan B

    I think I understand better now, reading the following blog; https://start-up.ro/cum-te-pot-afecta-propunerile-de-impozitare-a-pfa-urilor-si-srl-urilor-in-2024/ For freelancers, they plan to uncap the Health contribution (10%). And the Pension Contribution (25%) is now capped at 36x minimum...
  12. M

    Romania - Fiscal changes coming soon - Need Plan B

    I have to say, it's a little bit unclear for me. This blog; https://reinventconsulting.ro/modificarea-codului-fiscal-impact-fara-precedent-asupra-mediului-de-afaceri?fbclid=IwAR2e267e7l_X5SGPgJMWVdDSz49GH-7w9gL35C0a8-3ysQxxjgJNx9-Htec PFAs will pay CASS 10% applied on all taxable income earned –...
  13. M

    Romania - Fiscal changes coming soon - Need Plan B

    Thanks interesting. I have been reading these documents, however don't fully understand one thing. https://contapp.ro/blog/wp-content/uploads/2023/07/Ordonanta-modificare-cod-fiscal-2023-2024.pdf Looking at Section 84D; nivelul de 36 de salarii minime brute pe ţară, în vigoare la termenul de...
  14. M

    Romania - Tax update

    Ignore the bottom part, it is an accident and I cannot remove it.
  15. M

    Romania - Fiscal changes coming soon - Need Plan B

    >If your profit is over 30%, you ll be taxed 16% Where did you find information about this proposal? It would mean for an IT freelancer, the combined tax rate of 16% profit tax + 10% dividends gives a combined taxation of >24% at a near 100% profit margin. >the non-ceiling of social health...