Tax regulation in europe(germany)

Discussion in 'Making Money' started by mayonaise, Jul 27, 2012.

  1. mayonaise

    mayonaise Newbie

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    Assuming that iam earning money with all these methods on bhw.
    Do I have to pay tax on that(iam from germany).
    Do you know something about that? I dont want to get in trouble....^^
     
  2. john.wang.lee

    john.wang.lee Registered Member

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    If you earn more than the tax free amount you'll have to pay taxes. I think its about 7500€ / Year
     
  3. Dang3r81

    Dang3r81 Jr. VIP Jr. VIP Premium Member

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    Hi mayonaise,

    i am from germany too. I pay tax for all income what comes on my bank account / paypal account. But i must say that i have a main business here too.

    The best is, search you a tax man and ask him for this.

    When you make some bucks per year you can go for a small commercial.

    Here is a link for this (sorry guys, it's a german link)

    Code:
    http://www.gewerbe-anmelden.info/kleingewerbe/steuern.html
    When you assuming much more as this, you should go to a international tax office. They can avoid that you must pay the VAT, when the money is coming from non EU countries :)

    When you are over the small commercial conditions but earning not enough for a international tax office, then you can go to a normal tax man too, but you must pay VAT to all income you have.

    Overall go better to a tax office and inform you :)

    But you can do all methods from BHW first, see how it goes and then you can recapture all income, when it is worth :)

    But in the moment you build a business with a transparent trade (Gewerbeschein) you must pay tax on all.

    Hope i could help you.

    Regards,
    Manuel
     
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    Last edited: Jul 27, 2012
  4. mayonaise

    mayonaise Newbie

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    I really appreciate that, thanks for the information!;)
     
  5. Sgt Kraut

    Sgt Kraut Jr. VIP Jr. VIP

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    Has somebody made experience with living in Germany and opening a offshore company?