?yearly salary: Spain?

Out of context: Reply #28

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    12,5%!!

    and i thought high corporate tax was a catholic thing!

    iva = vat. yes you have to give it back to the state every 3-months i believe. it creates a certain liquidity (cash-flow volume - good for loans, etc) in a company but it's also a burden of paperwork. it sucks. it's artificial.

    have not seen the cartoon. what was that thread?

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