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AndyJPartridge | 14 years ago

I think that like share dividends in the UK, it attracts a lower tax rate. I think Sweden is 30%?

However, "gifting" monies to people is a strange area, with various odd rules.

You can only give away a certain amount of money a year in the UK, and that depends on who it is you are giving to or even the circumstance. (EG, you can gift £5,000 as a wedding gift.)

discuss

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petercooper|14 years ago

If I had to guess, I imagine he refused a dividend and instead had the company issue the equivalent sum in bonuses to the employees. Tax wise it'd make no sense for him to take a dividend and then create havoc by gifting it. (At least, under UK style tax law.)

Chrono|14 years ago

Gifts are no longer taxes in Sweden but it is likely that the tax authority will regard it as income (Or bonus) and they will pay 50-56% taxes on the lot. Quite tricky but I assume Mojang has good accountants that will work it out!

gebe|14 years ago

I don't know how it would work out in this particular case (there might be other juridical complications) but Sweden has no taxes (any longer) on gifts.