Paying taxes (european webmasters)

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  • zyrcon
    Confirmed User
    • Jan 2007
    • 67

    #1

    Paying taxes (european webmasters)

    Hey guys

    I need help on how do you pay your taxes. How can I document my income if I receive my money by epassporte and I don't have any invoice for justify this money? I'm european but the sponsors I work are of outside europe

    someone in this situation?

    Thanks
    Actually I use as webcam sponsor: Adult Webmaster Empire -- Get $100 when you sign up!
  • AdPatron
    No commissions, no fees.
    • Apr 2003
    • 17706

    #2
    What country?

    Comment

    • The Duck
      Adult Content Provider
      • May 2005
      • 18243

      #3
      Can you declare it as income from work and not from business venture? Then you should be ok and do not need invoices depending on where you are located.
      Skype Horusmaia
      ICQ 41555245
      Email [email protected]

      Comment

      • TheDA
        Confirmed User
        • May 2006
        • 4665

        #4
        Originally posted by zyrcon
        Hey guys

        I need help on how do you pay your taxes. How can I document my income if I receive my money by epassporte and I don't have any invoice for justify this money? I'm european but the sponsors I work are of outside europe

        someone in this situation?

        Thanks
        It's going to be country specific and, depending on the country and how long you've been trading and having an income, you could be in trouble if you haven't paid taxes already!
        Sharleen Spiteri - 1989 - In The Ass

        Comment

        • andrej_NDC
          Registered User
          • May 2004
          • 7760

          #5
          Just pick it up from epass, load your business bank account with it and declare that as income.

          Comment

          • Fat Panda
            Porn is Dead. Move along.
            • Aug 2006
            • 13296

            #6
            just dont pay taxes

            Comment

            • Adraco
              Confirmed User
              • May 2009
              • 3745

              #7
              Originally posted by zyrcon
              Hey guys

              I need help on how do you pay your taxes. How can I document my income if I receive my money by epassporte and I don't have any invoice for justify this money? I'm european but the sponsors I work are of outside europe

              someone in this situation?

              Thanks
              Yeah, with the new banking laws in Europe you have to show where amounts larger then ?1000 comes from. If I were you I would just print out statistics from each sponsor, verifying how much they paid out to you or how much you earned over a certain time. Then add in a clarifying letter and making sure that the amounts declared are the same or very close to the amounts in your Epass.

              Or go seek professional banking help. They will tell you to put up a Ltd in England (regardless of where in the EU you live) because of the great Brittish corporate laws and the free establishing right now effective all accross the EU. Basically, if you have a mothercompany based in England, you have free right to establish a sub-division of that company in any other EU country. Even if the mother company is only a PO box and has no real business. So the mother company acts as your entrance ticket, and as long as your sub division company only do it's business in your current country and files it's taxes there, you will be ok.

              The above is just an overview and should not be taken as exact legal or financial advise. Please be adviced that your specific situation might be different or dependent on other specifics, rendering the above information useless in your case.
              ----------------------------------------------------------------------------------
              The truth is not affected by the beliefs, or doubts, of the majority.

              Comment

              • AdPatron
                No commissions, no fees.
                • Apr 2003
                • 17706

                #8
                Hire an escort and give her the money.

                Comment

                • TetsuoIronMan
                  Confirmed User
                  • Feb 2005
                  • 140

                  #9
                  Originally posted by TheDA
                  It's going to be country specific and, depending on the country and how long you've been trading and having an income, you could be in trouble if you haven't paid taxes already!
                  Call the evil tax man and ask.
                  meh

                  Comment

                  • matuloo
                    Confirmed User
                    • Apr 2002
                    • 441

                    #10
                    Originally posted by zyrcon
                    Hey guys

                    I need help on how do you pay your taxes. How can I document my income if I receive my money by epassporte and I don't have any invoice for justify this money? I'm european but the sponsors I work are of outside europe

                    someone in this situation?

                    Thanks
                    You have three options :

                    1. as Andrej suggested, you can wire money from epass to your bank account and declare that as income - make an invoice for that sum and post epassporte as the payee. This method is not right thou and you could have problems with the tax people. But, maybe not, if you can talk yourself out.

                    2. use epass as a normal bank account, print out the statement and make invoices to match the sums. This method should be good enough.

                    3. print out the epass statement and add it to your accounting, fuck the invoices. this might work too if you have a toterating taxman

                    If you also use epass to pay some other people, you have to collect invoices for those payments too, unless you are using Andrej`s example.
                    Matuloo.Com - My Affiliate Blog - Making paid traffic work.

                    Comment

                    • BigRod
                      Confirmed User
                      • Apr 2005
                      • 3685

                      #11
                      Your probably already in a lot of trouble, send the money to me and I will hide it ;)
                      Rod Macdonald
                      Mainstream Ad Agency Owner
                      ICQ: 607306

                      Comment

                      • MissDiva
                        Confirmed User
                        • Dec 2008
                        • 663

                        #12
                        Send the money to me and i will wash it for you....
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                        Comment

                        • Raf1
                          Too lazy to set a custom title
                          • Oct 2003
                          • 12117

                          #13
                          just talk to your accountant
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                          Comment

                          • Platinumpimp
                            Logos and such.
                            • Jan 2004
                            • 10214

                            #14
                            Originally posted by MissDiva
                            Send the money to me and i will wash it for you....
                            In bleach, and make it disappear
                            I design logo's.

                            Comment

                            • zyrcon
                              Confirmed User
                              • Jan 2007
                              • 67

                              #15
                              thanks to all who gave constructive feedback

                              Originally posted by JoesTraffic
                              What country?
                              I'm on spain
                              Actually I use as webcam sponsor: Adult Webmaster Empire -- Get $100 when you sign up!

                              Comment

                              • Lykos
                                Too lazy to set a custom title
                                • Apr 2003
                                • 31032

                                #16
                                As Raf said,just talk to your accounting and u will be paying taxes very fast

                                Comment

                                • tiptop
                                  Confirmed User
                                  • Dec 2007
                                  • 2377

                                  #17
                                  Originally posted by Adraco
                                  Yeah, with the new banking laws in Europe you have to show where amounts larger then ?1000 comes from. If I were you I would just print out statistics from each sponsor, verifying how much they paid out to you or how much you earned over a certain time. Then add in a clarifying letter and making sure that the amounts declared are the same or very close to the amounts in your Epass.

                                  Or go seek professional banking help. They will tell you to put up a Ltd in England (regardless of where in the EU you live) because of the great Brittish corporate laws and the free establishing right now effective all accross the EU. Basically, if you have a mothercompany based in England, you have free right to establish a sub-division of that company in any other EU country. Even if the mother company is only a PO box and has no real business. So the mother company acts as your entrance ticket, and as long as your sub division company only do it's business in your current country and files it's taxes there, you will be ok.

                                  The above is just an overview and should not be taken as exact legal or financial advise. Please be adviced that your specific situation might be different or dependent on other specifics, rendering the above information useless in your case.

                                  In the EU the bank can report to any revenue agency deposits in to your personal bank account over 1000 euro.

                                  Just registrar a off-shore company with a bank account which gives you ATM card and you good.
                                  email: tiptopdomains_at_gmail_com

                                  Comment

                                  • Arnox
                                    Confirmed User
                                    • Sep 2009
                                    • 2169

                                    #18
                                    Does Visa Virtual card for ePass work on ANY gambling/casino/betting site?

                                    1. Get paid in ePass
                                    2. Put money in to a gambling account
                                    3. Get a cheque every two weeks and claim it as gaming winnings

                                    I know in Australia the government can't tax your winnings, I don't know about other countries.
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                                    Comment

                                    • MaDalton
                                      I am Amazing Content!
                                      • Feb 2004
                                      • 39861

                                      #19
                                      Originally posted by zyrcon
                                      Hey guys

                                      I need help on how do you pay your taxes. How can I document my income if I receive my money by epassporte and I don't have any invoice for justify this money? I'm european but the sponsors I work are of outside europe

                                      someone in this situation?

                                      Thanks
                                      i write invoices, declare it as "Marketing Commission", put in the adress and company of the sponsor, just never send it to them.

                                      and the money i take out from Epass and put it in my cashbook as "received in cash"

                                      and as long they are out of europe there's also no VAT problem
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                                      Comment

                                      • seeandsee
                                        Check SIG!
                                        • Mar 2006
                                        • 50945

                                        #20
                                        Originally posted by MissDiva
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                                        Comment

                                        • JFK
                                          FUBAR the ORIGINATOR
                                          • Jan 2002
                                          • 67373

                                          #21
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                                          Comment

                                          • Antonio
                                            Too lazy to set a custom title
                                            • Oct 2001
                                            • 14136

                                            #22
                                            Originally posted by Raf1
                                            just talk to your accountant
                                            noooooo, no matter what DO NOT talk to an accountant - just come to GFY for 100% free and extremely professional advice

                                            Comment

                                            • LoveSandra
                                              So Fucking Banned
                                              • Aug 2008
                                              • 10551

                                              #23
                                              Originally posted by SAC
                                              just dont pay taxes


                                              best answer

                                              Comment

                                              • Chris
                                                Too lazy to set a custom title
                                                • May 2003
                                                • 27880

                                                #24
                                                wait .. you have to pay taxes on money you get in epass?!?!? OH MY GOODNESS :x


                                                just kidding ..

                                                i just print out my epassporte statement .. highlight loads
                                                give to the the accountant when tax time comes around


                                                and then i cry my self to sleep ;/
                                                [email protected]

                                                Comment

                                                • Nicky
                                                  Too lazy to set a custom title
                                                  • Mar 2003
                                                  • 30071

                                                  #25
                                                  Originally posted by Arnox
                                                  Does Visa Virtual card for ePass work on ANY gambling/casino/betting site?

                                                  1. Get paid in ePass
                                                  2. Put money in to a gambling account
                                                  3. Get a cheque every two weeks and claim it as gaming winnings

                                                  I know in Australia the government can't tax your winnings, I don't know about other countries.
                                                  This would work in Sweden but almost 0 gambling sites take the epassporte visa.

                                                  gfynicky @ gmail.com

                                                  Comment

                                                  • Jarmusch
                                                     
                                                    • May 2003
                                                    • 12479

                                                    #26
                                                    Originally posted by Arnox
                                                    Does Visa Virtual card for ePass work on ANY gambling/casino/betting site?

                                                    1. Get paid in ePass
                                                    2. Put money in to a gambling account
                                                    3. Get a cheque every two weeks and claim it as gaming winnings

                                                    I know in Australia the government can't tax your winnings, I don't know about other countries.
                                                    Yeah like any gambling site would just let anyone launder money like that.

                                                    Use a gambling site to deposit and withdraw money without actually gambling, and your account won't last long.

                                                    Comment

                                                    • Horny Joe
                                                      Confirmed User
                                                      • Jul 2004
                                                      • 2661

                                                      #27
                                                      Just don't make more than $500/month and the taxman wont care
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                                                      Comment

                                                      • andrej_NDC
                                                        Registered User
                                                        • May 2004
                                                        • 7760

                                                        #28
                                                        Originally posted by Horny Joe
                                                        Just don't make more than $500/month and the taxman wont care
                                                        They actually care about the small guys the most. They can't touch the big companies, as they have too many important friends on the right positions...but the small guys can't defend themselfs, a perfect target for the government.

                                                        Comment

                                                        • StaceyJo
                                                          Confirmed User
                                                          • Mar 2008
                                                          • 8960

                                                          #29
                                                          Originally posted by Antonio
                                                          noooooo, no matter what DO NOT talk to an accountant - just come to GFY for 100% free and extremely professional advice
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                                                          • TheDA
                                                            Confirmed User
                                                            • May 2006
                                                            • 4665

                                                            #30
                                                            Originally posted by andrej_NDC
                                                            They actually care about the small guys the most. They can't touch the big companies, as they have too many important friends on the right positions...but the small guys can't defend themselfs, a perfect target for the government.
                                                            Yes but in a few places you can make at least $500 equivalent without having to pay tax.
                                                            Sharleen Spiteri - 1989 - In The Ass

                                                            Comment

                                                            • Cyber Fucker
                                                              Hmm
                                                              • Sep 2005
                                                              • 12642

                                                              #31
                                                              Originally posted by Antonio
                                                              noooooo, no matter what DO NOT talk to an accountant - just come to GFY for 100% free and extremely professional advice
                                                              100% right!

                                                              Comment

                                                              • zyrcon
                                                                Confirmed User
                                                                • Jan 2007
                                                                • 67

                                                                #32
                                                                Bump for this thread, lot of ousefull info here

                                                                what about a offshore company ? is a safe solution ?
                                                                Actually I use as webcam sponsor: Adult Webmaster Empire -- Get $100 when you sign up!

                                                                Comment

                                                                • andrej_NDC
                                                                  Registered User
                                                                  • May 2004
                                                                  • 7760

                                                                  #33
                                                                  Originally posted by zyrcon
                                                                  Bump for this thread, lot of ousefull info here

                                                                  what about a offshore company ? is a safe solution ?
                                                                  Its 100% safe until you get catched.

                                                                  Comment

                                                                  • livegirlsonbed
                                                                    Confirmed User
                                                                    • Apr 2006
                                                                    • 487

                                                                    #34
                                                                    Hi!

                                                                    Please pay the taxes!!!!

                                                                    If you don't call me, i will help for % to pay your taxes with all the informations, but first all the money must to come to me.

                                                                    If you don't earn a fortune month by month, i think better for you to stay relax
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                                                                    Comment

                                                                    • TheDA
                                                                      Confirmed User
                                                                      • May 2006
                                                                      • 4665

                                                                      #35
                                                                      Originally posted by zyrcon
                                                                      Bump for this thread, lot of ousefull info here

                                                                      what about a offshore company ? is a safe solution ?
                                                                      Offshore companies can be a very safe solution but you need to speak to the right people about it
                                                                      Sharleen Spiteri - 1989 - In The Ass

                                                                      Comment

                                                                      • big_joe
                                                                        Registered User
                                                                        • May 2007
                                                                        • 5

                                                                        #36
                                                                        Epass is just a financial bank. But you have to print and record those Epass statement in your financial accountant books.

                                                                        As invoice, you can use screenshots of your sponsors stats, and payments.

                                                                        Comment

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