I am from european union (EU). Does anybody know what laws and regulations i have to follow if i am running my own affiliate program for webmasters. some questions: How to pay private individual webmasters from USA, other EU countreis or countries from Asia How to pay Incorporated webmasters (companies) Do i have to collect taxes etc., Pay local EU taxes? We gonna use EFT option to actually send payments. (Electronic Funds Transfer (EFT) is a system of transferring money from one bank account directly to another) Do you know some blogs, links that cover this topic? I could´nt find myself.
Well i found one useful link myself. KB Easy Chekcs - http://www.myaffiliateprogram.com/modules_easychecks.asp
Well, as I understand you have payments as expenses based on the 'electronic contracts' or so called 'affiliate agreements'; Most popular are checks, epasporte and wires; URL for checks is quite good one, about others shouldn't be any troubles;
You can use Paypal, Estonia is accepted for sending money. I believe it's ok for local tax authorities to show affiliate payment expenses, as long as you can produce proof why certain amounts were transferred. You should study Income Tax Law very carefully – whether payments to non residents are taxed or not.