Tax on site sale?

Discussion in 'Legal Issues' started by leezon05, Sep 4, 2007.

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  1. #1
    Hi guys,

    Has anyone on here who is based in the UK, sold a site using Escrow?

    If so did you get taxed on the funds sent to you in the UK via Escrow in the states?

    Thanks
     
    leezon05, Sep 4, 2007 IP
  2. native

    native Peon

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    #2
    Where are YOU based, i.e. pay taxes? If in the US, you are going to be taxed on the profit, regardless of where the site was based.
     
    native, Sep 4, 2007 IP