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Do you pay Taxes on your IM income?

Discussion in 'BlackHat Lounge' started by bruno0, Mar 9, 2016.

  1. bruno0

    bruno0 Junior Member

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    Just asking. Do you have to pay taxes on your IM income?
     
  2. loedown

    loedown Jr. VIP Jr. VIP

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    Yes..

    the Feds watchin
     
  3. archixet

    archixet Jr. VIP Jr. VIP

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  4. tophi

    tophi Jr. VIP Jr. VIP

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    I plan to get offshore bank account if my income goes very high as a friend who has a really big income from torrent website. The offshores are not so cheap as it was 1 or 2 years ago... maybe because more and more people buy them.
    you send your money to the offshore bank -> and you can pull it from bank machines any time for small fee as I remember about 2-4$ per 400$.
     
  5. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

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    The amount of my income is too obvious.
    Like it or not. I need to pay tax.
    25% to so called DEMOCRACY.
     
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  6. Tove

    Tove Jr. VIP Jr. VIP

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    What country if I may ask?
    Most of people I know in my country who earn money online laugh at me when I mention taxes lol.
     
  7. StrikerRN

    StrikerRN Newbie

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    Hi guys, so for filing taxes, for softwares, programs and courses bought related to IM, what category do you file it for tax write off?
     
  8. Eternal1912

    Eternal1912 Power Member

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    In Bulgaria you have to pay 10% flat rate taxes on your early income, but I don't think anyone bothers you until you start making around $250,000 a year :D For IM, from what I know.
     
  9. Jaytizel

    Jaytizel Regular Member

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    My friend asked bank's staff to pay tax on Adsense check and they laughed on him :D
     
  10. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    Bullshit, IM is taxed in every nation.
     
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  11. thehighmind

    thehighmind Regular Member

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    And how do you came to that idea? Maybe if you earn lots of money it will be good for you to become legal and pay taxes, but if you earn a few k's/month or even less don't even think about to pay taxes.
     
  12. Mr Spectre

    Mr Spectre Regular Member

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    As a professional tax student, i know each and every type of income is taxed. Rates might be different, but every shit you make is taxed by the fucking govt.
     
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  13. MonsterMag

    MonsterMag Power Member

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    I know several countries where a lot of people think that there is no tax on online income... which is OF COURSE not true.
    Who ever thinks that anything he earns is not taxable is full of shit.
     
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  14. OrangeNRG

    OrangeNRG Regular Member

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    speak to tax professional.

    solve problem in one week or less, avoid all misinformation.

    /thread
     
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  15. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    Some people misinterpret exemptions as something totally different. I know in Romania there's an exemption for people creating software for IT companies, and because of that so many romanians on BHW consider it as meaning as all online income is tax exempt.
     
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  16. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

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  17. 93chandu

    93chandu Power Member

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    I have to pay 30% tax in my country, all of which goes to those corrupt bastards so called politicians.
     
  18. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    There's only like 2 worth living in, the rest have to many lame laws.
     
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  19. NoGameNoLife

    NoGameNoLife Regular Member

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    My country has 15% income tax,however there is also some kind of social tax too which is around 30%,anyone else has that?I haven't declared taxes yet,I may have too in the future
     
  20. OrangeNRG

    OrangeNRG Regular Member

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    jesus, how many times does this thread come up?

    somebody just register "internet-marketing-taxes.com" already, hire a tax professional for content, throw up adsense and then we can all profit :)
     
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