Tax declaration

by alphadesign

Posted: 12 years ago 5 replies

INTERNET MARKETING

I'm a bit confused about the tax declaration that every people have to do in the end of the year.

The thing is: do I declare the money I get to my PayPal account or the money I get to my credit card (withdrawn from PayPal).
I'm just not sure and I hoped to get an answer from you.

Hopefully you still understand what I exactly want to know.

#declaration #tax

IMdude123 12 years ago

It depend on where you live. but in the UK you have to declare all your earnings, so I don't think it matters where the earnings are.
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- alphadesign 12 years ago
  
  Originally Posted by IMdude123
  
  It depend on where you live. but in the UK you have to declare all your earnings, so I don't think it matters where the earnings are.
  
  Okay, thanks!
  
  But one more thing: In declaration do I have to include all the transactions i have done this year or only the total amount of the income?
  
  Thanks
  
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Istvan Horvath 12 years ago

It's not a wise thing to ask legal/tax questions in an open & international forum.

The tax laws are different for each country (sometimes even for states and provinces, like in US and Canada).

Please, do the smart thing and consult with a local tax professional.

As a general rule, in "civilized" places ALL your income, regardless of being made offline or online is taxable.
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writersforums 12 years ago

Income Tax rules varies from country to country but the motive of Income tax collection in each country is the same.It is the tax levied on earnings in the financial year not on txns.
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alphadesign 12 years ago

Thanks all of you!

Yeah, I know this is not the best place to ask this question, but I just hoped to get a honest opinion and that's what I got!
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