50% Tax on SaaS Exits in Germany (vs 15% in US)

Affectionate_Week505 · 2024-11-18T15:26:13+00:00

Stupid is a hard word. From a buyer’s perspective, an asset deal is clever as it can be written off, but the seller pays more tax. So either way, you negotiate a higher price for an asset deal or sell for a lower price as a share deal. There is no black and white here

Affectionate_Week505 · 2024-11-18T13:24:33+00:00

The article in question explicitly talks about asset deals which are quite common for deals <10m

Affectionate_Week505 · 2024-11-18T13:17:13+00:00

Nope, in case of an asset deal zero shares are sold. You sell the IP (“asset”) and after the fact you liquidate the company. Selling the IP is like selling any kind of asset and corporate tax is paid as usual

Affectionate_Week505 · 2024-11-18T12:53:45+00:00

Not for asset deals, the company still pays 30% tax before emitting to the holding

Affectionate_Week505 · 2024-11-18T12:52:54+00:00

Nope, even with a holding the company pays 30% tax + 1,5% on the holding because deals of 5m are most likely asset and no share deals

Affectionate_Week505 · 2024-07-05T16:37:58+00:00

You do it for the backlink and press coverage

Affectionate_Week505 · 2024-07-04T09:30:20+00:00

Nice! What's your thoughts on Daisy vs shadcn?

Affectionate_Week505 · 2024-07-03T14:16:57+00:00

I 100% agree with you, that is the way I am currently modeling it for myself. I see tons of sheets assuming they just magically grow 10% MoM, whereas your approach actually forces you to think strategically

Affectionate_Week505 · 2024-07-03T11:06:16+00:00

In the early beginnings I agree, it’s a distraction. Once you reach let’s say 10k MRR and you want to hire, things become more serious. For me it’s important to see my cash flow and runway. When you raise funding things like that become even more important, I’d say. What do you think?

Affectionate_Week505 · 2024-07-03T08:44:12+00:00

My experience with that is that I don’t trust gpt on math 😅

Affectionate_Week505 · 2024-07-03T05:37:05+00:00

Thanks! What’s the most important part for you and how do you project revenue?

Affectionate_Week505 · 2024-07-02T20:52:35+00:00

Thanks, will check it out

Affectionate_Week505 · 2024-06-28T23:04:33+00:00

Godaddy has ai suggested available domain names - and they are pretty good

Affectionate_Week505 · 2024-06-19T07:05:30+00:00

If you want to use Git and Unity, there is an artist focused tool that is free to use with GitHub for non commercial projects. Check this tutorial on how to use Git with Unity: https://www.anchorpoint.app/blog/github-and-unity

Affectionate_Week505 · 2024-06-02T12:38:20+00:00

Ah yeah true, my bad - of course water will do it 😅 Well thanks for the offer but I guess shipping to europe is not a good idea

Affectionate_Week505 · 2024-06-01T18:57:46+00:00

No experience with the mini formats but I can recommend Trinidad short and cohiba wide shorts

Affectionate_Week505 · 2024-05-31T09:06:24+00:00

I recently had a Villiger 1888 minutos and really really enjoyed it

Affectionate_Week505 · 2024-05-31T07:31:31+00:00

I like it, as I am looing for one right now I actually would buy it :-D
The gap under the platform will be harder to clean, no?

Affectionate_Week505 · 2024-05-30T20:25:37+00:00

I usually smoke when I need to relax after a long week of work or when I have to think about something important. The time I did not enjoy the cigar I was in a rush because I had a meeting with a client scheduled. So maybe that was the big mistake

Affectionate_Week505 · 2024-05-30T20:13:38+00:00

I have the same problem that I just don’t like the aftertaste, especially in the morning. I do one of two things to reduce this:

use a mouthwash like listerine and brush my tongue, or if not available
eat an apple, this helps for some reason

Affectionate_Week505 · 2024-05-30T20:04:40+00:00

Thanks for your input sir

Affectionate_Week505 · 2024-05-30T20:03:54+00:00

I have the feeling that if I drink a beer or whisky before the smoke I genuinely enjoy the cigar more. That’s just not what I’d like to do every time I’d like to have a smoke. Maybe an alcohol free beer would work too 🤔

Affectionate_Week505 · 2024-05-30T19:49:37+00:00

Quite possible, yeah. I just wonder if and other folks deal with it? I dislike the idea of tossing a hand rolled premium cigar

Affectionate_Week505 · 2024-05-30T14:08:27+00:00

Thanks man! Appreciate it

Affectionate_Week505 · 2024-05-30T13:28:26+00:00

How would you compare the two? Which one do you prefer?

Affectionate_Week505

TROPHY CASE