Vinstaal0

joined 1 month ago
[–] Vinstaal0 -2 points 2 weeks ago (3 children)

Them being an absolute moron hasn't affected the product for me or my experience with the rest of the company.

If I would stop using any and old company that had some bullshit owner, some bullshit thing done in the past or done currently I would basically have nothing I can use. The moment the opionins of him will start to impact the product I am out, but considering there is a foundation above the company which means he has a limited amount of impact I will wait and see before I act.

[–] Vinstaal0 1 points 2 weeks ago

Yeah you can do that, but often companies keep track of the purchase value minus depreciation. Which means that something like a building is on the balance sheet for 1m, but the actual value might be 10m. the equity is basically the assets minus the liabilities which should be the value. However, paying dividend to the shareholder will lower the equity, but it will earn the shareholders money. So I would see a lot of companies doing that to lower their equity to pay less taxes.

Evaluating intellectual property is also pretty hard to do. Generally it has an original value and you depreciate on it as well.

All of the above depends on the country, the size and type of company it is, but generally it is pretty similar. Across the western world.

[–] Vinstaal0 1 points 2 weeks ago (8 children)

Look, the bilionaires will always have ways to get out to pay the least amount of tax possible. There is almost no way to combat that because they have the money to setup a company in another country and setup structures to pay less.

You can however get more income tax from the companies below that. The medium to large sized companies with millions of profit. But it is not feasible to do a taxation for every company every year, it is impossible. There aren't enough people working in the fields who would be responsible for those reports. (evaluators, accountants, etc.). Evaluating a company generally costs 10-20k minimum.

Idk how it is in other countries, but yeah it's more like bureaucrazy than bureaucracy here in NL. So you want to add even more bureaucracy into the entire structure? There are other ways of stopping businesses from abusing the system and governments are working to help fix the issue. But evaluating companies is just not gonna be a good structure for it. It's way to subjective and in general wealth tax has been shut down by legal systems. Like here in NL, the legal system shut down the previous box 3 wealth system because it was against human rights. And the government and legal system are more separated here in NL than in say something like the US.

Also a lot of small business owners do take loans from their own companies (if it is something like a BV/Ltd). Sometimes we talk over a couple thousand, sometimes it's a couple 100k and sometime's it;s one or more millions and I mainly work with small to medium-sized companies.

[–] Vinstaal0 1 points 2 weeks ago (5 children)

What phone do you have then?

Apparently the market is not big enough for phone's to really exist with all the features everybody want for an acceptable price. Otherwise more options with good sound quality and SD card slots exist. But the nature of how DAC's works is that it is hard to fit that in a slim phone and especially if you want long battery life etc.

Maybe taking two devices is a bit stupid, but on the other hand you can also ask yourself how often you can leave your phone at home or wherever when you want to listen to music.

I would also prefer a phone that has a good DAC, has a SD card and has good working apps. So unless Apple is going to start making that again (they never will), I'll probably stick with an iPhone and a separate audio device or wireless buds/headphone. Android is not for me and finding the correct Android is a bullshit mess. But I know of others who are interested in an Android device with a good DAC.

[–] Vinstaal0 5 points 2 weeks ago

That depends on the business culture and how good their advisors are. And also the size if the business matter.

But yeah generally angelosaxton companies who have a mangement structure that’s way more in depth than it needs to be fuck these things over

[–] Vinstaal0 4 points 2 weeks ago (1 children)

You can check the privacy statement.

But considering it’s an American company I can tell you that it will abuse your data

[–] Vinstaal0 0 points 2 weeks ago (6 children)

I have seen Proton as a sponsor once or twice and I don’t have any complains about the products they are selling.

[–] Vinstaal0 3 points 2 weeks ago (2 children)

You might want to get a vacuum more suited to deal with hairs if this is the issue you are having. It is not normal to need to cut the hair out of the roller. A lot of them don’t even have a roller anymore or it is an optional accessory

[–] Vinstaal0 0 points 2 weeks ago (7 children)

A MP4 player can play games or display books/comics. The once from FiO basically are Android devices from which you cannot call (or maybe with an internet connection you can).

Being on the go without an internet connection is getting rarer and rarer anyway so that is less of an issue for most.

Truth of it all is that most people want tinner phones and/or wireless earbuds/headsets and the people who do not are for a big part audiophiles who want better audio quality than a phone is going to offer. So there is only a relatively small section of users who prefer the audio jack.

I used to want one and a SD card and a good 3mm jack as well, but it just doesn't exist. So I switched to using a NAS (a raspberry Pi can get your pretty far), plus an iPod or Spotify with dongles or just wireless.

[–] Vinstaal0 1 points 2 weeks ago (9 children)

Yeah man cause a SD card that sits in your phone also works as a backup solution.

[–] Vinstaal0 2 points 2 weeks ago

Yeah that is fair, but I preferred that a lot more than just using the 3mm jack on my Redmi Note 13 Pro. Man the DAC in that thing sucks.

[–] Vinstaal0 3 points 2 weeks ago (12 children)

Evaluating a publicly traded company is pretty easy. Stock price times the amount of stock = value of company.

However evaluating other forms of companies is a lot harder. Using the same formula is possible (if there is stock) and otherwise you can still look at the equity value, but it will only say so much. Generally looking at future cashflows is a pretty good way of evaluating a company, but there are loads of things you can have discussions about regarding this method (called the discounted cashflow method). There are also others and I have been part of evaluating a company and it's a fair amount of work. So it's not something you can really do on a yearly basis for tax reasons.

There are other things you can do like looking at how much wage the major shareholder has or how much they have lent from their company. Both to themselves and to family/friends. In NL we kinda limit the amount you can loan from your own company.

Luckly for the whole situation most billionaires mainly have stock in publicly traded companies. Either directly or indirectly so that is taxable.

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