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Amazon - Illegal ?

Discussion in 'Business & Tax Advice' started by agag2, Mar 17, 2015.

  1. agag2

    agag2 Supreme Member

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    Hi


    I need multiple stealth Amazon associates accounts. - the problem is that Amazon requests a name and SSN for tax purposes. I understand I can create multiple LLCs and get a unique EIN for each one to get around this, however it is a long process. And more importantly, it will cost me several hundred dollars per LLC.


    My question is - is it illegal if I claim I'm from outside the US when I sign up for Amazon associates so they do not ask me for my SSN / EIN ?


    Of course, I will be paying taxes on these funds I just don't want Amazon to link the accounts.


    Is it illegal ? Any potential issues?




    Thanks
     
  2. Hollywood007

    Hollywood007 Registered Member

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    I would form multiple c-corporations instead of LLCs. Corporations are cheaper and you can use them to build business credit among other things.
     
  3. aa33030

    aa33030 Regular Member

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    Fictitious names would be even cheaper
     
  4. agag2

    agag2 Supreme Member

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    Exactly, this was the whole purpose of the question..

    As a side note to get an individual EIN for each LLC is quote expensive - and the same goes for corp.. So this is not a solution..
     
    Last edited: Mar 18, 2015
  5. fxphil

    fxphil Senior Member

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    It's $25 bucks for an LLC if what you plan on making can't cover $25 a pop you need to reevaluate your plan. (state based)
     
  6. agag2

    agag2 Supreme Member

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    Where is $25? Plus you need to pay corp taxes and file for an EIN (it's another $95 just for this)
     
  7. agag2

    agag2 Supreme Member

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    Either way, the primary question is whether or not it would be illegal to do such a thing.. I understand LLC can help..
     
  8. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    You get EIN's from the U.S. government for free, and the cost to start a LLC is usually around $75 to $100. Its not illegal to do since a LLC is considered a separate legal entity from a person.
     
    • Thanks Thanks x 1
  9. ecfin

    ecfin Newbie

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    How about other country?
     
  10. bananaman5000

    bananaman5000 Regular Member

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    yes, i think you can get an EIN from the government for free. you could possibly use a DBA name as well. opening a new bank account is pretty easy, not sure how this would work out
     
  11. papercut

    papercut Junior Member

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    I suppose it would be illegal if you are trying to dodge tax.
     
  12. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    It depends, some countries use the business registration info for taxes instead of getting a number just for taxes.