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1  Discussions / Business and Project Management Discussions / Re: The nightmare of taxes, and what can I do about it on: 2013-05-10 16:47:12

It's also unlikely that you'll have to pay sales tax unless you make more than a certain amount (around €170,000 in the UK) in which case you'd only be paying around 17% tax.

I'm from eastern Europe 20$ for us is a huge amount of money Smiley I don't want to sell it for that much.

It seems like if I'm selling as a person not as a company it's just 16% or so. I don't know if I still have to pay the 27% general tax but it's much better now.
2  Discussions / Business and Project Management Discussions / Re: The nightmare of taxes, and what can I do about it on: 2013-05-10 13:34:48
Also when you are living in the EU, you are free to create an company which is listed in any other EU country i.e. in Ireland or Luxembourg which take nearly to zero taxes for business.
Thanks for the info, but I don't want to leave my home yet.

By the way, for those who think I'm evil because I want to avoid taxes. I don't want to avoid all of it. But keep it in a normal level. Probably most of you know it's a great effort to make a game. If I would sell 1000 copies, I'm gonna be so happy, but half year of development and hard work is still gone because of taxes. I would rather give it out free that way.
If I can find any other way than this 60% of tax rate I will do it.
And this 60% of tax comes from:
27% general tax on everything you sell for a person
16% personal income tax
2% industry tax
12% if you want to take your money out of the company.

And thanks riven for the correction of personal income tax. It's not 18% but 16%.
3  Discussions / Business and Project Management Discussions / Re: The nightmare of taxes, and what can I do about it on: 2013-05-10 12:35:55
Also, the tax percentage goes up with your profit: it doesn't start at 60%.
   You pay a% tax over profit under X.
   You pay b% tax over profit between X and Y.
   You pay c% tax over profit between Y and Z.
   You pay d% tax over profit above Z.
This is correct. To be clear, when someone says something like "I payed 16% in taxes last year", they are talking about their effective tax rate. This is how much they actually paid in taxes divided by how much of their income was taxable. In other words, after all the tax deductions and workarounds to avoid taxes and after applying the sort of table Riven has shown, the effective tax rate is the percent of your profits that your government takes.

Having the problem of having to pay taxes is the good kind of problem. It means you made some money. If you don't like the taxes your government imposes on you then you can either: live in poverty, live illegally, or move to another country (where you'll just have to pay different taxes and, in certain countries with "low" taxes, you won't have any health insurance).

Also, I find it unlikely your effective tax rate could ever be 60% in Hungary:
http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates
It looks like the max income tax you would pay in Hungary is 20.32% (2012).

The wikipedia article is wrong. As I said earlier we have the same percentage for everybody. The EU is taking actions against hungary because of this.
4  Discussions / Business and Project Management Discussions / Re: The nightmare of taxes, and what can I do about it on: 2013-05-10 12:01:33
First of all: as long as you do not have a game people want to play this is not a problem.
I believe that's the easy part, compared to law:)
5  Discussions / Business and Project Management Discussions / Re: The nightmare of taxes, and what can I do about it on: 2013-05-10 11:35:29
Oskuro I know it's the Interwebz, I'm not gonna take anything seriously here. But I really want to make this project and that's why I'm mad.

Riven nothing was ignored what you wrote. I just don't understand, because of my bad english. As well as it's just not how things work here. We have this one key tax, which means everybody pay the same percentage.
In The Netherlands, the max percentage (over the high end of your profit) you pay is about 50%. Then you have all kinds of deductions, first and foremost costs, but also business related deductions, which either are a percentage or an absolute amount of money.

To give you an indication, although we have this ~50% tax in my country, I barely paid any tax last year, without resorting to shady tactics. persecutioncomplex
I don't really understand this part. I don't think there is a maximum amount here. If you work for one month for the possible less amount of money you can, you have to pay more money as tax than what you earn. Everybody use shady tactics here. Trust me:)

So basically my question should be sounds like it, what business modell you use.
Do you sell your product as a company or as a person? You probably don't believe me, but it's indeed 60% of the money you make if you make it as a small business.

Thanks for your previous and your future answers.

Edit:I left half of a sentence.
6  Discussions / Business and Project Management Discussions / Re: The nightmare of taxes, and what can I do about it on: 2013-05-10 10:19:38
I don't want to include politics here either, but I rather go to jail than pay 60% taxes for my product. As well as it is forbidden to support thieves and burglars, so it's strange to pay anything to the government. If you are interested in the hungarian bullshit then go on http://atlatszo.hu/category/english/ and enough of politics for here:)

We want to make the best game of all time for free, at the beginning. Then we realised it's awesome to make some money with it. I mean a little money, 8$ is affordable even for some hungarian folks. If the government takes 60% and steam 30% then we wont have anything left. It's just ridicilous don't you think? How am I supposed to eat? It's summer right now, but winter is cold. People are burning their trash because they don't even have money for wood. That's how good our government is.

By the way, I'm a bit mad as you see:) Maybe we will make it free after all. Or go to Germany and let it be a free game before we reach the 10000€
7  Discussions / Business and Project Management Discussions / The nightmare of taxes, and what can I do about it on: 2013-05-10 07:14:33
Hello everyone

Recently me and my friends decided to make a game. We were all very inspired about it and wanted to sell it for a small price (8$). Yesterday I asked a friend of mine about the taxes. He has no idea how does it all works, but he sad in Hungary 60% gone with taxes. That's simply an outrage, and if we have to tax that much we wont do anything, especially not gonna pay any taxes to the current government. (If you heard anything about it, its probably even worse then that, welcome back communism).
Also we want to sell it on steam. Do they somehow avoid (ofc legally) most of the taxes? I haven't contacted them yet, so I have no idea.
I know its country specific problem, but maybe general ideas can help us a lot.
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