Quote:
Originally posted by iroc409
wait, i didn't read the whole thread, but let me get this strait...
you guys in canada can sell satellite dish parts that allow people to steal satellite tv, but can't process for porn?
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That's right... and we can also pay for a hooker with Visa/Mc...
I used to do business with Internet Secure ( Nova Scotia Bank affiliate: after one year, they decided that our site was porn ( always was porn...) and cut us off on the spot.
pOOp , taxes are complicated. You will have about 20% deducted from your check. I keep it in a US bank and pay expenses with it ( hosting, content,...) to bring the income to the lowest point. You then get back when filing your taxes. Memberships are in my US corp. Video sales are in my Canadian Corp .
Take note that Revenue Canada considers that ALL membership should be subject to GST ( and provincial: they always piggyback) , so this is 15.5% ... ( so the 20% in the US is not that bad)...
You NEED an accountant to setup everything.