Where do you send your payouts?

Discussion in 'Affiliate Programs' started by genlock, Feb 17, 2010.

  1. #1
    Hello! I've just started using affiliate programs and pay per click ad providers and make enough to start getting payouts. But I wonder, how do you guys do this? What's the best way when it comes to taxes and stuff? Every country have them. How's Paypal when it comes to be a "middle man"? Because I can get the payouts to my PayPal account if I want to. Some people talked about them having bank accounts in the Seychelles, with a Visa they withdraw from in they home country. But this I feel becomes a little to... yea you know:p
    Thanks=)
     
    genlock, Feb 17, 2010 IP
  2. choice

    choice Prominent Member

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    #2
    i have all mine sent to my bank account simply because paypal always take a cut of the money
     
    choice, Feb 17, 2010 IP
  3. webmoney

    webmoney Well-Known Member

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    #3
    I think it depends on the volume... if you make 1000s per day than it would be good idea to have offshore bank but if its only few dollars than send it to your bank... But if you want to become politician later than you need to proof where you got that money and why you did not pay TAX of few dollars :)
     
    webmoney, Feb 19, 2010 IP
  4. bunchit

    bunchit Peon

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    #4
    thanks for the question and the answer
    that help me much
     
    bunchit, Feb 19, 2010 IP
  5. themaximilian

    themaximilian Member

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    #5
    Well, in some countries like Germany you do not have to pay taxes for incoming small amounts of cash that do not occure frequently. Means, if you payout once a year (always in a different month) you won't have to pay taxes when the money is coming.
     
    themaximilian, Feb 19, 2010 IP
  6. bxqzb

    bxqzb Peon

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    #6
    If you want to reinvest everything in link building and things like that, paypal is more convenient. If you want to keep the money, tell them to wire it to your bank account.
     
    bxqzb, Feb 20, 2010 IP
  7. lisar

    lisar Peon

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    #7
    I like to get the payment to my bank account.
     
    lisar, Feb 20, 2010 IP
  8. WharfeValley Systems

    WharfeValley Systems Active Member

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    #8
    i tend to have a least one affiliate account paying into paypal for this reason, makes it easy to pay for your articles and link building etc
     
    WharfeValley Systems, Feb 21, 2010 IP
  9. Ozzke

    Ozzke Greenhorn

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    #9
    As I'm just a newbie at the moment I'm still developing my websites, I'm sending all my payouts to paypal. As stated above it's a really easy way to develop your sites further.
    The only company that pays me in a different way is Adbrite, for obvious reasons (they don't support paypal).
     
    Ozzke, Feb 21, 2010 IP