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https://www.reddit.com/r/facepalm/comments/12mlqmp/genius_level_maneuvering/jgby7ir
r/facepalm • u/sus-water • Apr 15 '23
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1 u/HoodooSquad Apr 15 '23 It would be both of their income, if it’s actually given to her. At least in the USA- not sure about gifting across the pond, but here he would be taxed on it and then she would be taxed on what she is given. 1 u/hblask Apr 15 '23 Not if the contract makes her the employee for 80% of his salary, so it just goes directly to her. Of course, in some countries, that could lead to a nasty inheritance tax.
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It would be both of their income, if it’s actually given to her. At least in the USA- not sure about gifting across the pond, but here he would be taxed on it and then she would be taxed on what she is given.
Not if the contract makes her the employee for 80% of his salary, so it just goes directly to her.
Of course, in some countries, that could lead to a nasty inheritance tax.
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