Readit NewsDeleted Comment
For me the main BIG deal is that cloud models have online search embedded etc, while this one doesn't.
However, if you don't need that (e.g., translate, summarize text, writing code) probably is good enough.
From 1 January 2024, expats who meet the conditions receive the following tax benefits:
- 30% tax free for the first 20 months;
- 20% tax free for the next 20 months;
- 10% tax free for the last 20 months.
So that's a tapered reduction over the first 5 years and the amount of money that you gain after tax is between negligeable and insultingly small.
Basically in its current form "The Dutch 30% ruling" is not really worth it, if you want to move to The Netherlands do it for other reasons, and the advertisment of this mechanism feels borderline disingenious in its current form.
Afterwards you have to pay some of the highest taxes in the world....
In NL I remember Bol was quite good.
Second of all, all of these SaaS apps that don’t actually have a need for recurring charge probably should be paid one time. I don’t use Loom — I use CleanShot X and it was a one-time $30 payment and has a lot of great features I benefit from. I can’t reimplement it in $30 of tokens or $30 of my time.
But for an app whose use case doesn’t change and is recurring for no reason? Yeah there’s probably not much value in recurring payments outside of wanting to support the developer. I pay a lot of indie devs out of the goodness of my heart, and I’ll continue to do that.
But the value for “SaaS apps” without clear monthly costs should have always been under scrutiny.
You pay less tax to them when you do subscriptions rather than one time payments, if I recall especially with Apple Store (something like 30% first year, 15% the second year of subscription).
This is why 120$ over 10 years (1$/month) is more profitable to companies than 120$ in a shot.
Radical ideology has taken over, rather than pragmatic ideas. I don't know how that happened, but I know we are paying the price for it, although EU is rich enough to do exactly what China is doing. That alone would put us in a better position.
The main issue is the way the transition is happening, because I see China doing exactly what we should be doing: build coal, nuclear, etc. while you build tons of solar panels or windfarms.
The self inflicting pain forced by radical ideas is what is killing Europe. We have lost the pragmatism that made Europe move at a crazy speed after WW2.
The reality is that if you have any interest, company or employees in the US you can be coerced to do anything the US government wants.
Either legally through courts, or through business influence, or through harassment (e.g. hardcore checks from the IRS).
Sorry, Stripe rejects you now because you are high-risk (you have to explain why you refuse to help in criminal cases, though there is a court requesting you).
You don't like to comply to US requests and protect terrorists ?
https://support.stripe.com/questions/how-to-resolve-blocks-o...
Still don't comply ?
You are added to sanctions list, end of the game.
https://home.treasury.gov/news/press-releases/sb0185
Even Microsoft acknowledges that these cross-border requests cannot be avoided.
https://www.convotis.com/es/en/news/microsoft-access-eu-data
The same way that EU can force fetching data from the US entity.
Now on the EU side:
GDPR fine of 4% of your worldwide income. Well, too bad, your US entity refused, we will have to punish your EU entity very strongly.
If small provider, oh right you refuse ? Well, we will notify your bank that you do not respect the court orders, etc.
The law is one of the way of enforcement, but there are multiple stages of pressure.
Still refuse ? Well, let's come to you at 6am then.
https://www.insurancejournal.com/news/national/2020/07/10/57...
I know what you meant, but I think that there are alternatives, even if they are maybe not as good as the ones made in US.
Also, if the goal is to go all in on data sovereignty, so be it - put the companies in the sanctions list. It will only grow.