I live in Europe and I'm a vendor trough Plimus.com which is an US based company. they send me a Debit card for withdraving money from my account. do I have to pay the tax in my country for the money from US? Can they get the data from a US based company how much money I earned? This question will help a lot of people here...
If your government does not know that you received money from abroad, they will not charge you any tax, I guess
I'm not willing to pay taxes for that. The goverment doesn't know that I recieve money from aboard. It's not connected with my bank or anything and I'm NOT WILLING to tell them... This debit cards are good solutions for tricking goverment.
Well, legally speaking you would need to declare income from Plimus because if you are a UK based business, the income would still be deemed as earned in the UK no matter if the payment processor is in the US. Of course, if you are physically located in the US during the period in which the income is earned then you would need to pay taxes in the US instead of the UK. Of course, tricking the government is definitely not something one can condone. But do what you want to do, just know that what you are doing is not legal. I use Plimus too and I am from Singapore and I have been declaring the income I receive through Plimus. I did check with the local authorities and they say that is what I need to do.
i am not surprised you asked the question here as Plimus never returned my phone calls or emails.. 10 days and counting.