epassporte income taxable? - GoFuckYourself.com

reynold · 01-01-2004, 12:30 PM

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"?

Pleasurepays · 01-01-2004, 12:38 PM

Quote:

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"?

any income you earn world wide as a US Citizen is taxable. get an accountant before you go to jail.

pradaboy · 01-01-2004, 01:02 PM

and if you're european? no tax right?

Pleasurepays · 01-01-2004, 03:50 PM

Quote:

Originally posted by pradaboy
and if you're european? no tax right?

you are always liable for taxes in your country of residence if they have an income tax. you make money... you pay taxes.

- AFN - · 01-01-2004, 04:07 PM

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.com

Kimmykim · 01-01-2004, 05:42 PM

ePassporte is no different than any other sponsor payout -- if your sponsor is a US company they will probably 1099 you anyway.

Vitasoy · 01-01-2004, 05:44 PM

Quote:

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.

yep, :-)

almighty · 01-01-2004, 05:47 PM

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 it

davidd · 01-01-2004, 06:10 PM

Quote:

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 it

Anyone seriously attempting to take the above advice - DON'T. Every salvo put forth is incorrect.

$5 submissions · 01-01-2004, 06:12 PM

Quote:

Originally posted by Pleasurepays

any income you earn world wide as a US Citizen is taxable. get an accountant before you go to jail.

This, unfortunately, is true. BUT if you get a good accountant without the flim flam offshore stuff, you'd be okay.

01-01-2004, 12:30 PM	#1
reynold Too lazy to set a custom title Join Date: Oct 2002 Location: Global Traveler Posts: 51,271	epassporte income taxable? 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"?

01-01-2004, 01:02 PM	#3
pradaboy sell me your banners Industry Role: Join Date: Dec 2003 Location: on the tubes Posts: 12,931	and if you're european? no tax right? __________________ Media Buyer - Sell me your traffic! FREE to register domains... Better than 99% of the crap sold here!

01-01-2004, 04:07 PM	#5
- AFN - Confirmed User Join Date: Jun 2003 Location: NYC Baaaabeee Posts: 3,101	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.com __________________ cat cash* \| tr -d '\r' \| tr -s '/n' > money

01-01-2004, 05:47 PM	#8
almighty Confirmed User Join Date: Dec 2003 Location: at your moms house Posts: 838	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 it __________________ www.norecip.info

01-01-2004, 05:42 PM	#6
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	ePassporte is no different than any other sponsor payout -- if your sponsor is a US company they will probably 1099 you anyway.