Comment on Start-up NY: 100% Tax-Free for 10 Years?parentComments−notastartup12yit can't be higher than Vancouver, BC.Tax Payable on Earning 150k:$$20,127 CAD (New York) $45,624 CAD (Vancouver, BC) 1.07 (USD/CAD)−gaadd3312yIs that $45K total Canadian taxes on it or just what you pay to BC?$150K CAD ($140K USD) in NYC will result in you paying ~$58K CAD ($55K USD) in taxes between City, State and Federal.−dirktheman12yWhere I live (The Netherlands) that would be 52%, so $78,000. Sweden is even worse with 57% ($85,500), but the Swedish have way better incentives like (almost) free education/healthcare etc.
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it can't be higher than Vancouver, BC.
Tax Payable on Earning 150k:
$$20,127 CAD (New York) $45,624 CAD (Vancouver, BC) 1.07 (USD/CAD)
Is that $45K total Canadian taxes on it or just what you pay to BC?
$150K CAD ($140K USD) in NYC will result in you paying ~$58K CAD ($55K USD) in taxes between City, State and Federal.
Where I live (The Netherlands) that would be 52%, so $78,000. Sweden is even worse with 57% ($85,500), but the Swedish have way better incentives like (almost) free education/healthcare etc.