This may seem like a stupid question so bear with me. If I am an American residing in Europe and an american client pays me via epassporte to my epassporte account, is the income still taxable? or has it in effect been "offshored"?
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any income you earn world wide as a US Citizen is taxable. get an accountant before you go to jail.Originally posted by reynold
This may seem like a stupid question so bear with me. If I am an American residing in Europe and an american client pays me via epassporte to my epassporte account, is the income still taxable? or has it in effect been "offshored"? -
and if you're european? no tax right?Media Buyer - Sell me your traffic!
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you are always liable for taxes in your country of residence if they have an income tax. you make money... you pay taxes.Originally posted by pradaboy
and if you're european? no tax right?Comment
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Try online accounting/bookkeeping sites to keep your books in order so you don't get fucked WHEN (not if) the taxman comes knocking, try http://www.sbsuite.comcat cash* | tr -d '\r' | tr -s '/n' > moneyComment
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ePassporte is no different than any other sponsor payout -- if your sponsor is a US company they will probably 1099 you anyway.Comment
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yep, :-)Originally posted by Pleasurepays
you are always liable for taxes in your country of residence if they have an income tax. you make money... you pay taxes.Comment
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open a bank account put 30% in it of all checks then at end of yr it earned some cash then ya can pay the taxes and have a few bucks to boot also US says if it is under $600 ya dont have to claim itComment
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Anyone seriously attempting to take the above advice - DON'T. Every salvo put forth is incorrect.Originally posted by almighty
open a bank account put 30% in it of all checks then at end of yr it earned some cash then ya can pay the taxes and have a few bucks to boot also US says if it is under $600 ya dont have to claim itComment
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This, unfortunately, is true. BUT if you get a good accountant without the flim flam offshore stuff, you'd be okay.Originally posted by Pleasurepays
any income you earn world wide as a US Citizen is taxable. get an accountant before you go to jail.Comment
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