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epassporte - IRS question
I'm an EU webmaster, so when I get payouts thru epassporte and ATM the money here and spend it in cash... it's not traceable to the IRS right? (Dutch IRS that is).
and what if I deposit it @ ABN-AMRO (my bank) will the IRS question it if I DON'T exceed the capital limit and spende the money somehow before the year is up? Throw me some tips here, I'm not trying to evade taxes I just wanna know what my options are. THNX! |
If you get paid by your sponsor to epassporte then take out the cash at the ATM the only way to trace it is if the IRS contacts your sponsor or epassporte to get the info.
I donīt know how they will handle a request for the info you have to contact your sponsors/epassporte about it. If you deposit the money in your account you might get asked by the IRS where you got the money from. If they suspect anything they simply get your bank statement from your bank. So if you donīt want the IRS to know about the money you get from epassporte hide them under your madress instead of depositing in you bank account. |
just wait for the dutch irs people to come on
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But hey no one likes to pay uncle sam in the US or abroad so good luck! |
ePassporte is a Curacao corporation and thus subject to any laws that any other Dutch provinciality is subject to.
I am not a Dutch lawyer nor a Dutch tax attorney, so I have no idea how to advise you, just telling you the situation. |
If you want to sleep easy at night, just pay the taxes on that income as well. Legally, you're required to, even if you might be able to get away with it, why risk it to save a few bucks?
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well irs questions sure beat another war thread
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