1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

Tax question regarding online businesses

Discussion in 'Legal Issues' started by ztorjeki, Sep 3, 2019.

  1. #1
    When do you require to pay taxes after your online business earnings and which countries are affected? I have always wondered about this question. None of the so called gurus mentioning in any of their money making methods.
    SEMrush
     
    ztorjeki, Sep 3, 2019 IP
    SEMrush
  2. jrbiz

    jrbiz Illustrious Member

    Messages:
    4,363
    Likes Received:
    1,644
    Best Answers:
    1
    Trophy Points:
    420
    #2
    This question can have hundreds of different answers, I suspect, depending upon which country or countries that your business is based in. From a practical perspective, you need to first worry about the country your business is located in. This is because the country that you are located in is one in which the taxing authorities can exert their authority over you, your company, your bank accounts, etc. Find out how your country expects you to collect taxes for your sales and go from there.
     
    jrbiz, Sep 10, 2019 IP
    sarahk likes this.
  3. ztorjeki

    ztorjeki Banned

    Messages:
    2
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    21
    #3
    Thank you for your answer jrbiz. It obviously makes sense.
     
    ztorjeki, Sep 10, 2019 IP