Timeline for Am I taxed on the capital passed to my personal account when closing the company in Estonia?
Current License: CC BY-SA 4.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Sep 3, 2022 at 0:17 | comment | added | Dale M | You're using capital in an accounting sense, not a tax sense. Tax on revenue and capital gain is usually different - both become capital of the company if retained. | |
| Sep 2, 2022 at 9:43 | comment | added | Revolucion for Monica | Sure, which goes to the capital at the end of the year if it's reinvested, isn' it ? | |
| Sep 2, 2022 at 9:41 | comment | added | Dale M | That’s not capital - that’s revenue | |
| Sep 2, 2022 at 8:35 | comment | added | Revolucion for Monica | Thanks for pointing that out. I've added the details but the capital will be mainly from the earnings we will make. | |
| Sep 2, 2022 at 8:29 | history | answered | Dale M | CC BY-SA 4.0 |