IT HR Manager Nataliya Tolstopiata refused the company’s offer for one reason — the payment of wages in a crypto wallet — despite the fact that absolutely all other conditions of the employer suited her.
IT HR Manager Nataliya Tolstopiata refused the company’s offer for one reason — the payment of wages in a crypto wallet — despite the fact that absolutely all other conditions of the employer suited her.
She told about it on her LinkedIn page.
«The match with the company would seem to be ideal: a structured and clear job description, attractive total rewards and a quick interview flow. My test task was simply „called“, and here it is, the dream offer! But… I carefully read the details and surprise surprise: instead of the agreed work through the Ukrainian FOP, payment is made in a crypto wallet. WHAT? Despite the fact that I emphasized that I was looking for a socially responsible company, and I will propose the implementation of charity activities», — she initially expressed her indignation.
According to Nataliya Tolstopyataya, payment of wages in cryptocurrency may indicate that the company is evading taxes, so she refused to take this vacancy.
After a lively discussion in the comments, the IT HR Manager slightly adjusted her opinion, because, by and large, payment to the FOP instead of employment by the staff may also indicate a similar desire of the company to save on taxes.
«I agree that FOPs, instead of employment in the state, is also evasion of the full payment of taxes. However, someone calls it optimization of the tax burden:) And it is at least some kind of white format of interaction with the state», — she defends her position.
However, as noted by Natalia Tolstopiata, the criticism in the comments became an impetus for her to understand the topic.
«I admit that, not having accounting and legal expertise, I did not take into account important nuances in the taxation of crypts/FOPs. Personally, I have always considered crypto a tool of the shadow economy, which the state does not control. I now understand that with the spread of cryptocurrencies, mechanisms for the use of crypt along with transparent payment of taxes are being worked out. However, the recruiter’s reaction to my question only confirmed my suspicion that the company does not care much about paying taxes», — she said about her experience.
Some of the colleagues supported Natalya, considering the payment of salary to a crypto-wallet as a red line, but some considered such a position inconsistent.
«Then it is necessary to sink to the last and register as a staff, so that everything is honest, and not to use loopholes in the law», — notes the Project Manager from SoftServe, registered on the network as Stanislav K.
Ihor Royd, a resident of Aitiv, believes that crypto payments to contractors are not always about tax evasion.
«You can declare income and pay tax from your received crypto. And if the company works in the B2B segment, it is unlikely that it will find many customers who are ready to pay black money. Therefore, on the contrary, it is more interesting for them to highlight your salaries and write them off as expenses. Or, as in most „civilized“ companies that even pay you on the FOP, the company is registered somewhere in Cyprus or somewhere else, and you know nothing about its tax adventures there. I’m not making excuses for anyone, but it seems to me that there is more than one reason for the crypt. As an option, it allows those who live abroad not to have problems with restrictions on financial transactions that the NBU imposes on Ukrainian accounts in Ukraine», — he explains.
Linux System Administrator Victoria Lapytska believes that in this case paying taxes can be the responsibility of the employee himself.
«If you want to pay taxes, just put money on the FOP card and pay) I know people who did this and in fact did not avoid any responsibilities, at the same time there were a lot of bonuses in those times when there were problems with the exchange rate on the market and P2P transactions saved money», — she emphasized in her comment.
