Internet business internet taxes international appeal
-
Help with website revenue taxation/company setup. International complications ? I am in the Netherlands and I run a website that resides on a US server. This website makes revenues on affiliate marketing and Adsense (but am thinking about expanding into accepting direct bids from advertisers). After one year of running it on the side, now I want to make it "legal", so registering an individual company and start paying taxes on the earnings. My three questions would be: a) where will i pay taxes? In the Netherlands (where i reside) or in the US (where the server is) ? is changing server location or registering the company in another country any doable/convenient ? c) how does that agree with my current day job? will i get taxated ON TOP of my current taxation (i assume so)? will i be able to expense some of my costs (ie. i run it at home. what about internet bill and electricity bill, new hardware etc.?) b) i would like an accountant to help me set up the whole thing, but a normal accountant doesn't cut it for me. I would like somebody that knows how internet companies work (companies that don't sell real goods). Any suggestion for a decent one in the Netherlands ?
-
Answer:
The best answer to these questions will be to start with your third question and pose the first two questions to the accountant you find. I don't know any accountants in the Netherlands, but I imagine there is a community of entrepreneurs in Amsterdam who can make a recommendation to you. But, the bottom line (to use an accounting term) is that your first two questions really can only be answered by an accountant.
anonymous at Ask.Metafilter.Com Visit the source
Other answers
I don't know how the Netherlands works. However, the location of your data, at least in the US, is not the location of your business. Your web host is a vendor who you pay to do something for you, your business is located where you do business-y things. (Where they send the bills, basically.) So chances are very good, anyway, that you've got fewer issues than you think. You'd be surprised what a "normal accountant" can manage. Normal accountants handle lots of businesses that don't involve selling real goods--all services, for example, like the ones they themselves do. It's still all revenue and expenses. Generally, you'll be able to deduct your expenses, but if the Netherlands is like the US, then it'll be something along the lines of only being able to deduct part of anything that can be used for non-business purposes. You're much simpler to handle than you think. If you can personally describe where your money comes from and where it goes, an ordinary accountant should be fine. And they'll probably be able to help you with all the tax stuff and referring you to the right people for the legal stuff.
gracedissolved
Related Q & A:
- What internet business to start?Best solution by Quora
- Is there any internet business job?Best solution by Yahoo! Answers
- What kind of Internet business is profitable?Best solution by Yahoo! Answers
- Is a college major in International Studies the same as International Business?Best solution by Quora
- What is the best way to advertise the internet business?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.