25% Porn Tax: Will you move offshore?
If the 25% excise tax passes for all american adult companies, would this be enough to prompt you to finally move your american operations "offshore"?
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Originally posted by CDSmith
dont believe what you read here CD
The lawyers on the 2257 issue are having a vested interest in the " dont go offshore it offers no protection " line of thinking
I mean seriously ask yourself how the Oil companies, the telecom companies
Banking ( ever hear of the world bank?) and many other BIG industrys have for many years provided all those in the know a way to earn and keep their money in industries like these offshore?
do you think the outsourcing craze is paying taxes in amer4ica to the workers over seas it employs? what happens to that extra revenue earned by those mega comglerates like Nike that produce 90% of their merchandise outside of the USA? does it get invested in the USA? or does it stay in other countries? when you are in that country doing business you can always spend the money you earned in that country .
Got any domains to sell?
I proudly host all my stuff at www.rackco.comComment
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Unless you move offshore with your company you are fucked. You cant compare
yourself to big companies.Comment
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Thanks god I live in Canada
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you bet your ass, there is no way in hell I would ever pay the goverment as much money as 25% would be - on top of federal taxes...shit.... I did the math the other day and it would be cheaper for me to move myself and my horses and all my stuff to the bahamas and to board them at a boarding stable there. the boarding stable is 900$ per month per horse - and this does not come close to what I would be spending on the 25% tax. I wont even pay 10% tax. when its cheaper for me to move then pay the tax thats what will happen.
Originally posted by High QualityMuscle/Fitness Adult Affiliate Program
Since 1997 www.venuscash.comComment
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Originally posted by tony404
OK ( add words to make 8 characters)
Got any domains to sell?
I proudly host all my stuff at www.rackco.comComment
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Even with a 25% tax we'd still pay less in taxes than you.Originally posted by Basic_manThanks god I live in Canada
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Which shows me you know nothing about what we pay in taxes here.Originally posted by Mr DickovitchEven with a 25% tax we'd still pay less in taxes than you.
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Put some PUSSYCA$H in your pocket. ICQ me at: 31024634Comment
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shit I just moved to Vegas from LA for tax purposes. I don't think I can afford to buy another house right now lolComment
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I love taxes. It is comforting to know that the tax money i pay goes to the pockets of those that don't deserve it.
PHP-MySQL-Rails | ICQ: 342500546Comment
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come and move to the EU....we'll all be one big happy family...we'll buy a city...fuck it, we'll buy a country....
pick one and post it here...Cyprus(pretty good tax%)...or screw it, let's go to the brit-virgin islands and pay 350 bucks flat to cover the taxes...and throw in a couple of hundred more for the 'agent'
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yeah i agree
we should have a porno island somewhere with like 100 oc48s running underwater to it.
Konrad - ICQ 59416956Comment
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Look guys.. The IRAQ WAR is extremely costly. You guys need to support your troops and your president. Your government is doing this to fight the war against terrorism. And it needs money, a lot. So please, stop whining.
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I think France suggested a 50% or 60% over base tax rate a while back for all adult biz?See sig...Comment
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By the way Im not paying the tax my members will, its like sales tax you dont pay it for your customers. If your site is unique , it would be hard to get. If its like everyone else then you could see a slow down. Also if this happens it pretty much neuters .xxxComment
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yeah, wars kick ass...with all the dying and the screaming and the limbs flying and after-war-vets in wheelchairs things going...wars are a fucking BLAST!(really, no pun intended...)Originally posted by NoCarrierFTVGirls: Where good girls get fisted!
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Ya, too bad the Democrats proposed this fucking shit, not the current administration. No party is good for us.Originally posted by NoCarrierComment
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ya but the problem with that is as your charging your members more for a membership, your income goes up thus your tax goes up.
its a no win.
Originally posted by tony404Muscle/Fitness Adult Affiliate Program
Since 1997 www.venuscash.comComment
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I would move everything offshore, I'm half way there as it isComment
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no it wont because my company will write the check for the tax with pre tax dollars. Also I was thinking with age ver software they want to use, say goodbye to it wasnt me charge backs but I still think it wont happen they are show boating.Originally posted by venusComment
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how you pay those taxes and on what amounts are taxed I doubt will be an option, it all depends on how its written (if it happens at all), still, 25% of anything is allot of damn money, more then I am willing to give.
Originally posted by tony404Muscle/Fitness Adult Affiliate Program
Since 1997 www.venuscash.comComment
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you can run
but you cant hideComment
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There is a big difference in companies that have branches completely managed overseas and someone moving their porn site hosting offshore to avoid US laws while continuing to run everything from and collect checks at their same perch in the US (while likely using the same rationale to not pay any income tax to the US). If you think that you won't get nabbed for money laundering, good luck, maybe you won't be caught.Originally posted by JoeshoI don't know of any company that pays taxes to workers, but if you think companies in the US don't pay taxes on the income that comes to them from other countries you need to do bit more research on your gameplan. People outsource to pay cheap labor. Of course some industries/companies get sweetheart deals through legislation, but I don't see it happening for porn anytime soon.Originally posted by Joesho
As long as that money being spent includes your food and lodging in the country you earned it in you'll probably be fine. Just be in their country legally... and pay whatever their taxes may beOriginally posted by Joeshowhat happens to that extra revenue earned by those mega comglerates like Nike that produce 90% of their merchandise outside of the USA? does it get invested in the USA? or does it stay in other countries? when you are in that country doing business you can always spend the money you earned in that country .
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The answer is... if this insanity should actually pass, is that the industry adopt the practice of clearly labeling on the customer invoice such as:
US Government porn tax 25% - $___
If that doesn't affect them at the ballot box then they won't care when it's US Government porn tax 50%
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I am glad I have my operation offshore. The nice thing is that I do not pay taxes on income created outside this country. No wonder why 98% of sportsbooks are here.PMGMEDIA.net
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US just keeps pushing businesses away, not smart at all
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Not if you don't own itOriginally posted by CDSmith
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If you still processing thru Visa and selling to Americans you are still going to have to pay the 25% tax.Originally posted by High QualityComment
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Well if they come to your door asking to prove the owner is overseas, then what do you do? My accountant has a saying if it seems slick it is slick and slick gets you a orange jumpsuit and flip flops lolOriginally posted by RogerVNot if you don't own itComment
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Also people forget you leave the country to run and are ducking taxes .They put you on a list your never coming back into this country.Originally posted by GatorBComment
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I think that soon we are going to see a new visa, and mc regulation that we are not going to like.PornGuy skype me pornguy_epic
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Actually how it works is you pay federal taxes as an american living abroad, since the company is not an american company anymore you do not pay the 25% sin tax. your not ducking federal taxes, you still pay them, your just not an american company.
Originally posted by tony404Muscle/Fitness Adult Affiliate Program
Since 1997 www.venuscash.comComment
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does that include canadians, russians, japanese, french and so on?
Originally posted by GatorBMuscle/Fitness Adult Affiliate Program
Since 1997 www.venuscash.comComment
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Ok it's a proposed tax on the TRANSACTION like a sales tax. If you are using American processing and perhaps even if you're not but still using Visa and selling to American( depends on what kind of pressure this bill puts on Visa ) then this tax will be added to the TRANSACTION. Does anyone not READ these thngs when they come out? No show me how you avioid this by going offshore?Originally posted by tony404Comment
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i hate fucking taxes.Comment
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You are committing a felony that carries up to 20 years if you're caught. Good luck with that...Originally posted by PMGMEDIA.Comment
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LOL... porno island.Originally posted by decrypted
RecurCash.com - Averaging $38/sale with 60% revshare in the first 4 months alone!
Convert your TEEN traffic today @ better than 1:500 guaranteed. ICQ me: 18287590!Comment
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Actually from what I read its on all adult websites , not usa only . Its not just a tax its the age verification to protect children.Now the way that works is if your not in the usa they wont go after you but your put on a listOriginally posted by venus
so you cant come into the country. If you do you are arrested, my lawyer told me about a guy who got a letter from the german government that his site was in violation of their adult laws. They have not come to America to get him but he can never go visit germany because he will be arrested.Comment
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I would love to see the US govt try to collect taxes on websites outside the US that don't use US billing companiesOriginally posted by tony404
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