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Comment: Re:Good for them (Score 1) 345

In Australia; business taxes can be reclaimed against shareholders tax through a system called Franking Credits; there's a similar (but different) system setup for foreign investors - although a company can only pick one scheme or the other. Regardless, it's a bit of a moot point.

Comment: Re:crossover point (Score 4, Interesting) 192

by Gwala (#39872763) Attached to: IBM Offers Retirement With Job Guarantee Through 2013

As a manager over a team in Shanghai; I can confirm that salaries are rapidly equalising there as well; you also need to pay very high payroll taxes (up to 40%); so the cost advantage is beginning to go away. (Where 5 years ago you could hire a team for the price of a single american developer; now you only get ~2 people)

On the upside; the food is better in China.

Comment: Re:I don't get it. (Score 4, Interesting) 194

by Gwala (#39422735) Attached to: Will Mobile Wallets Replace Their Traditional Counterparts?

Actually it does. Here's how:

- Conversion from cash to bank account balances often carries a small 'change processing fee' with commercial banks. It's not big; but if you are depositing lots of tiny small change, many banks will charge you for the service. (esp. the other way around - getting cash out as coins, for giving change, etc.)
- Loss/theft - it's a lot easier for cash to go missing than it is for electronic payments. (plus costs for security for cash stored on premises)
- Going to the bank and depositing it regularly is going to cost anyway (salary for time spent, fuel, etc.)

I'd say the above equally match or exceed the 1-2.5% most merchant banks will charge for CC processing services. NFC pricing is generally the same amount. The fees charged by merchant banks for CC facilities are actually completely reasonable - there's some other aspects which hurt a bit more (90 clearance windows, chargebacks/fraud, etc); but the fees are perfectly fine.

Comment: Re:Dedicated Server (Score 3, Informative) 225

by Gwala (#39181611) Attached to: Suggestions For Music Hosting?

OVH also has a support option which is "Hey, you made a urgent ticket. Isn't that nice? We might look at it in two weeks."

OVH's support is literally 9-5 French time, Monday to Friday. There is ZERO out of hours support; and they have such a backlog that tickets dont even get looked into for a few business days.

Familiarity breeds attempt.

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