Question

Suppose that you work for a computer company. Because the firm has an office in Germany, you are asked to move there and work for a two-year period. Your employer gives you the option to receive pay either in dollars or in euros. Which payment option is better for you? What factors should affect your decision?

Answer 1

Answer-permanency It would rely above such as change quantity it utilizes yet whether or not the volume concerning the fee would be fixed in imitation of that currency.

Germany takes a sizeable chunk concerning your income and also simply introduced a recent refugee tax. If I was once of so situation, I'd probable need as a whole lot on my income in conformity with remain within the United States as much possible. Although condition the organization has enterprise into Germany, the enterprise may not stand as like candid in conformity with certain a plan.

Make secure to bust in attention to that amount Germany starts offevolved along a 41% payroll tax, then below taxes another 14-45% as like an income tax about what's left over, or afterward another 19% VAT (or sales tax). So, because every 1,000 greenbacks (or euros) earned, 410 goes to payroll tax, a hundred goes after profits complication (if you are of the insignificant bracket), or the remaining 500 or hence left perform purchase 400 virtue on stuff. And up to expectation would not too receive in score having to grant for the refugees.