1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Help me save 50% of my income from theft

Discussion in 'YouTube' started by Rock_Shock, Nov 16, 2016.

  1. Rock_Shock

    Rock_Shock Regular Member

    Joined:
    Sep 11, 2016
    Messages:
    478
    Likes Received:
    65
    Occupation:
    Nothing
    Location:
    Nowhere
    Sorry for the clickbait title.
    Real question: I want to know about a YT MCN that pays in BTC ?

    I want to know if anyone has experience in getting money via BTC from YT ?
    Creative nation takes a cut of 10% and pays in BTC.. does anyone have experience dealing with them ? Their shitty website is down right now, so i am not sure how much i can rely on them ?

    Simple concept:

    YT ---> MCN (10% cut) ---> BTC ---> invest in gold via BTC to avoid price fluctuations & withdraw a certain amount via BTC --> Cash whenever needed. :)



    My shitty country takes 15% service tax on Adsense & all income above 12 lakh INR ($18500) per year gets 30% income tax & like 3.5% Cess Income tax..

    Making it insanely high (almost) 50% tax. It's as if they wish to kill business. I define income tax as theft if the government doesn't contribute in any way to help me make it.


    I don't wanna pay taxes. I will not.
    Let's not argue about the morality and just help one another, shall we ?
     
  2. youtalkmedia

    youtalkmedia Senior Member

    Joined:
    Dec 5, 2011
    Messages:
    847
    Likes Received:
    381
    Occupation:
    Web Developer
    Location:
    Toronto
    Home Page:
    Sites that will help you not pay tax will always be very sketchy. The best thing you can do is hire a good accountant. There are always loopholes you can use to bring taxable income way down. You will end up paying tax, but it will be very little, have no risk, and be legal.

    Aside from that you can register a company in a country with low taxes and that allows non citizens to register companies, and run your business through that country...
     
  3. socialmediapro

    socialmediapro Jr. VIP Jr. VIP UnGagged Attendee

    Joined:
    Apr 27, 2013
    Messages:
    2,294
    Likes Received:
    578
    Occupation:
    Online Entrepreneur
    Home Page:
    Never dealt with MCN so less about that but I would also suggest to contact an accountant and make use of loopholes.