GoFuckYourself.com - Adult Webmaster Forum - View Single Post - foreign sponsor, US webmaster, pay taxes?

Ludedude · 01-14-2002, 09:07 PM

The only way foreign income is NOT taxable in the US is if the money never gets to the US. If the money lands in a bank account in the US, it's taxable in the US at whatever rates are applicable. Spacedog, your'e dead wrong bud. yes, there are certain exemptions and limits but you should see an accountant about it.

Trust me...I've been doing business overseas in this industry and others for years.

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01-14-2002, 09:07 PM
Ludedude Suck it! Industry Role: Join Date: Jun 2001 Location: Who wants to know? Posts: 4,432	The only way foreign income is NOT taxable in the US is if the money never gets to the US. If the money lands in a bank account in the US, it's taxable in the US at whatever rates are applicable. Spacedog, your'e dead wrong bud. yes, there are certain exemptions and limits but you should see an accountant about it. Trust me...I've been doing business overseas in this industry and others for years. ------------------ Post your galleries here! Make 60% recurring (no fees) with these Babes! <A HREF="http://refer.ccbill.com/cgi-bin/clicks.cgi?CA=914709&PA=210461" TARGET=_blank> The Professional TGP Submitter! </A>