New SKW/ASA Rumor

[SLUF4]

isn't it Mekong Aviation?

 

[SiuDude]

$87/hr FOs, $130/hr CAs

I'll believe it. Being a socialist country, the tax rate in 'Nam appears to be around 40%, plus you have to pay US taxes on anything over $91,000.

 

[ASA_Aviator]

I'll believe it. Being a socialist country, the tax rate in 'Nam appears to be around 40%, plus you have to pay US taxes on anything over $91,000.

The pure BS being spouted on here by people who don't know anything is amazing, but I guess it shouldn't be surprising.

 

[zawillif]

I'll believe it. Being a socialist country, the tax rate in 'Nam appears to be around 40%, plus you have to pay US taxes on anything over $91,000.

What is your source? From what I've been reading the tax rate for a foreigner living in Vietnam is a flat tax of 25%. Still not a great deal unless you're making a lot of money... And I do believe you're correct on the U.S. taxes after a certain amount.

 

[Tarzan]

The pure BS being spouted on here by people who don't know anything is amazing, but I guess it shouldn't be surprising.

Actually he isn't far off. I guess you didn't even take time Google this before you spouted. While there is a 25% flat tax on foreigners, the value added tax is around 10%. You pay that whenever you buy anything there but I guess you knew that already. And yes, you absorb it regardless of what you were taught in school.

 

[SiuDude]

According to this link, you are considered a resident after you spend more than 183 days out of 365 days in Vietnam and are required to pay the higher, progressive, resident tax rate, which tops out at either 35 or 40 percent, depending on which site you look at:
http://www.vietnam-ustrade.org/index.php?f=news&do=detail&id=33&lang=english

I haven't even started looking into the VAT.

 

[buscap]

It just hit me....

That this whole thing will not get any furloughs back.

We're looking at losing those airplanes anyway, so most of the expenses involved with the transfer are going to hit us with or without donating pilots for the startup of the operation.

If anything it may prevent us from being fat on pilots after the aircraft leave. Perhaps it's just enough to carry us until the age 65 hiring starts?

Things that make you go hhhmmmm????

 

[SLUF4]

these are different airplanes than the ones we are losing-900's from what i heard

 

[Freebrd]

It just hit me....
That this whole thing will not get any furloughs back.
If anything it may prevent us from being fat on pilots after the aircraft leave. Perhaps it's just enough to carry us until the age 65 hiring starts?

65 start in 2013, and what, 10 a year. You won't see any hiring unless this economy improves.

 

[buscap]

65 start in 2013, and what, 10 a year. You won't see any hiring unless this economy improves.

Retirements at the majors will drive some hiring, even if the economy does not grow.

And I guess I could be wrong, but I thought the VC would be using the planes we are losing?

Or not?