You can pay yourself a salary. This doesn't count as 'distributing income' and i... | Hacker News

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		Andrew_nenakhov on Aug 26, 2020 \| parent \| context \| favorite \| on: First tax year with Stripe Atlas You can pay yourself a salary. This doesn't count as 'distributing income' and is taxed according to the laws of your residence location. That being said, if your salary will be more than 80% of corporate expenses, that might attract unwanted attention from tax service.

PeterisP on Aug 26, 2020 [–]

In general, paying out dividends would have a lower total tax rate than paying the same amount to yourself as salary.

Andrew_nenakhov on Aug 27, 2020 | [–]

True, but not everywhere. In my particular country it would be far lower due to some loopholes.

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