the NZ tax man - GoFuckYourself.com

bigalownz · 10-07-2006, 06:00 PM

i found out that theres a loophole in the NZ tax law

that if you promote / banner exchange etc with another site you dont have to pay tax if you live in NZ on the income

grusthumbs · 10-07-2006, 06:06 PM

interesting

Damian_Maxcash · 10-07-2006, 06:07 PM

Quote:

Originally Posted by bigalownz

i found out that theres a loophole in the NZ tax law

that if you promote / banner exchange etc with another site you dont have to pay tax if you live in NZ on the income

Any more info - I know a few people who would be interested in that.....

Where are you in NZ?

soulbleed · 10-07-2006, 06:25 PM

sheep anyone

sacX · 10-07-2006, 06:35 PM

Quote:

Originally Posted by bigalownz

i found out that theres a loophole in the NZ tax law

that if you promote / banner exchange etc with another site you dont have to pay tax if you live in NZ on the income

er what? I doubt it.

MaDalton · 10-07-2006, 07:30 PM

how many people in this biz are from NZ? besides 2 in this thread i remember kiwigirl - are there more?

sacX · 10-07-2006, 07:35 PM

if you are a non-resident of New Zealand assuming you meet the migration requirements you can live here for 4 years and pay no tax on international income (which of course is basically anything earned online). Unfortunatley for me I'm already resident

.

I have no idea what bigalownz is talking about though.

There are a couple more NZs that post on here, nowhere near as many as there are perverted Aussies posting

.

MaDalton · 10-07-2006, 07:39 PM

Quote:

Originally Posted by sacX

There are a couple more NZs that post on here, nowhere near as many as there are perverted Aussies posting

.

thats cause cangaroos are physically much better equipped for typing than sheep

Ace_luffy · 10-07-2006, 08:32 PM

ohh another headaches....

marketsmart · 10-07-2006, 08:56 PM

orly? thats interesting...

bigalownz · 10-07-2006, 09:48 PM

Quote:

Originally Posted by sacX

er what? I doubt it.

i was told by some one i found this on the tax dept site

""Banner advertisements are frequently placed on a website to advertise a product from, or link to, another site. Commissions received from banner advertising are not taxable income while commissions paid for business advertising are deductible.

In some cases the advertising is by a reciprocal arrangement between sites by contras or barter. There should be an open market value placed on the value of the goods supplied and received by barter, which may mean that in most arms-length situations the tax effect is neutral."

Ill have to phone the tax dept this week and see what the say
cause a tgp gallery is the same as a big banner and your not selling anything the porn companies are

i know that you can clame a tax deductible expenses etc on some things for a web site

Annual fee for registration
Renting space on an ISP server
Site update costs
Cost of a server
etc

nekrom · 10-07-2006, 10:18 PM

Hurm sounds pretty interesting.

-N

Matt_WildCash · 10-07-2006, 11:19 PM

I'm from NZ originally and I highly doubt it. If the money comes into your bank account the tax man will have a piece of it you can count on that.

Matt

d00t · 10-08-2006, 04:03 AM

I also heard if you send traffic to pimpinpays you may not have to pay tax in NZ

sacX · 10-08-2006, 04:11 AM

Quote:

Originally Posted by bigalownz

i was told by some one i found this on the tax dept site

""Banner advertisements are frequently placed on a website to advertise a product from, or link to, another site. Commissions received from banner advertising are not taxable income while commissions paid for business advertising are deductible.

In some cases the advertising is by a reciprocal arrangement between sites by contras or barter. There should be an open market value placed on the value of the goods supplied and received by barter, which may mean that in most arms-length situations the tax effect is neutral."

Ill have to phone the tax dept this week and see what the say
cause a tgp gallery is the same as a big banner and your not selling anything the porn companies are

i know that you can clame a tax deductible expenses etc on some things for a web site

Annual fee for registration
Renting space on an ISP server
Site update costs
Cost of a server
etc

um yeah that's just wrong. In fact it says the opposite, that it IS taxable.

http://www.ird.govt.nz/ecommerce-tax...et-issues.html

BlueDesignStudios · 10-08-2006, 04:38 AM

Quote:

Originally Posted by soulbleed

sheep anyone

for sex or dinner?

CaptainWolfy · 10-08-2006, 04:44 AM

orl? thats interesting! :P

10-07-2006, 06:00 PM	#1
bigalownz Confirmed User Industry Role: Join Date: Aug 2005 Location: NEW ZEALAND Posts: 1,657	the NZ tax man i found out that theres a loophole in the NZ tax law that if you promote / banner exchange etc with another site you dont have to pay tax if you live in NZ on the income __________________ $100 free credit for all hosting needs

10-07-2006, 06:06 PM	#2
grusthumbs Confirmed User Join Date: Nov 2004 Location: http://www.girlsoutwest.com Posts: 628	interesting __________________ coming soon

10-07-2006, 06:25 PM	#4
soulbleed Confirmed User Join Date: Oct 2005 Location: Australia Posts: 2,606	sheep anyone __________________ Earn $20 per bottle of FREE penis enhancement pills you give away. Payments via Paypal, epassporte, check and wire.

10-07-2006, 07:30 PM	#6
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,829	how many people in this biz are from NZ? besides 2 in this thread i remember kiwigirl - are there more? __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

10-07-2006, 07:35 PM	#7
sacX Confirmed User Join Date: Dec 2002 Location: New Zealand Posts: 2,998	if you are a non-resident of New Zealand assuming you meet the migration requirements you can live here for 4 years and pay no tax on international income (which of course is basically anything earned online). Unfortunatley for me I'm already resident . I have no idea what bigalownz is talking about though. There are a couple more NZs that post on here, nowhere near as many as there are perverted Aussies posting . __________________ Have Asian Language Traffic?

10-07-2006, 08:32 PM	#9
Ace_luffy www.creationcrew.com Industry Role: Join Date: Feb 2005 Location: CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM Posts: 12,111	ohh another headaches.... __________________ ++ Adult and Mainstream Websites Designs \| 10 banners for only $50 \| html5 Banners ++ email : [email protected] Telegram : https://t.me/creationcrew \| HTML5/Responsive Site - Div/CSS - ElevatedX - NATs - Wordpress

10-07-2006, 08:56 PM	#10
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	orly? thats interesting...

10-07-2006, 10:18 PM	#12
nekrom Confirmed User Industry Role: Join Date: Mar 2004 Location: Australia/Asia Posts: 921	Hurm sounds pretty interesting. -N __________________ Free Traffic

10-07-2006, 11:19 PM	#13
Matt_WildCash Confirmed User Join Date: Jan 2003 Posts: 1,699	I'm from NZ originally and I highly doubt it. If the money comes into your bank account the tax man will have a piece of it you can count on that. Matt __________________ Try the New XMovies.com and make more $$$ with your Traffic

10-08-2006, 04:03 AM	#14
d00t Confirmed User Industry Role: Join Date: Sep 2002 Location: In your mind Posts: 3,766	I also heard if you send traffic to pimpinpays you may not have to pay tax in NZ

10-08-2006, 04:44 AM	#17
CaptainWolfy Playa Industry Role: Join Date: Dec 2005 Location: Somewhere on the Earth Posts: 8,439	orl? thats interesting! :P