How Do You Handle Taxes When Outsourcing to 3rd World Countries?

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  • mahoney
    Confirmed User
    • Nov 2003
    • 5318

    #1

    How Do You Handle Taxes When Outsourcing to 3rd World Countries?

    How Do You Handle Taxes When Outsourcing to 3rd World Countries?
    You obviously can't 1099 them so you just take a hit on the taxes right?
    What's the best way to still be able to right it off?
    Vegassexparty.com
  • WWC
    #1 Adult Content Provider
    • Jul 2003
    • 11577

    #2
    As an expense for your company....but you MUST pay them under their company name only...not to a person ( individual ) .... Notice : Dont take my advise as your accountant, please see your own hired accountant for advise .. lol ..... Mahoneyyyyyyy whats up baby ;-) hope all is well....
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    • HorseShit
      Too lazy to set a custom title
      • Dec 2004
      • 17513

      #3
      just ignore them tax wise also don't actually pay them at all in the end

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      • Barefootsies
        Choice is an Illusion
        • Feb 2005
        • 42635

        #4
        That is why you have an accountant or CPA.

        You claim them on your taxes like you would anything else as an expense. Make sure you have receipts, contract, or something showing proof of payment. I refuse to do business with people who...

        1. Do not offer receipt.
        2. No paper, or digital trail, of payments....

        If I do not get an invoice/receipt. You do not get paid.
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