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Old 09-20-2012, 05:25 PM  
Adraco
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You are wrong. Taxes are on profit, not total revenue.
So first take your total turnover, deduct all reasonable and valid business expenses (think: what expenses do I have to be able to earn my turnover? Like hosting and domains.) and then you have your profit remaining.

Then the tax comes in on the profit, not the total turnover.
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