Tax advisor: The newly implemented wage tax in 2023: how does the new wage tax decrease revenue?

To enhance the pension system without placing an undue burden on the younger population, the Intergenerational Equity Mechanism (MEI) will be temporarily introduced on employees’ salaries. This mechanism will account for 0.6% of the contribution base for common contingencies, with the company covering 0.5% and the worker covering 0.1%. For instance, in the scenario of… Continue reading Tax advisor: The newly implemented wage tax in 2023: how does the new wage tax decrease revenue?