Online Earnings - Page 2

robinhood · 08-11-2007

If you're running your online business which is a duly registered business then you are bound to declare your earnings and pay the corresponding tax not unless your business is covered by special tax holidays.

Deirdre · 10-13-2007

You should be paying taxes on any of your earnings. When you contact your tax office you will be informed of how much you are allowed to earn before paying taxes.

I do think that $10.00 is quite an amount below the level before paying taxes, contact your tax office and they can let you know and you will be able to sort out with them how much tax to pay them yearly.

neta · 10-13-2007

This thread no need to continue because thread starter already banned. so close this thread.

Jaybee · 10-25-2007

Quote:

Originally Posted by MoneyTalkPro.com

Are we supposed to pay taxes on earnings we earn from online? Like say if we sell a banner spot on our site for $10. Do we have to pay taxes on that?

Not on something petty like that but stuff like Google AdSense, yes.

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08-11-2007	#11 (permalink)
robinhood Junior Member Join Date: Aug 2007 Posts: 15 Rep Power: 0	If you're running your online business which is a duly registered business then you are bound to declare your earnings and pay the corresponding tax not unless your business is covered by special tax holidays.

10-13-2007	#12 (permalink)
Deirdre Member Join Date: Oct 2007 Location: Ireland Posts: 46 Rep Power: 0	You should be paying taxes on any of your earnings. When you contact your tax office you will be informed of how much you are allowed to earn before paying taxes. I do think that $10.00 is quite an amount below the level before paying taxes, contact your tax office and they can let you know and you will be able to sort out with them how much tax to pay them yearly.

10-13-2007	#13 (permalink)
neta Junior Member Join Date: Oct 2007 Posts: 10 Rep Power: 0	This thread no need to continue because thread starter already banned. so close this thread.

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