|03-21-2007, 07:44 PM||#1 (permalink)|
Join Date: Mar 2007
The Tax side of your blog
I'm new to the blogging financial side and have a question about taxable income from someone's blog.
If I run a blog as an individual (no any LLC) and I have an income from ads (Google, Text Links, etc.) and from donations, how should I declare it? As an ordinary income? Or, is it better to open an LLC and make the payments through it?
|03-25-2007, 05:18 AM||#5 (permalink)|
Join Date: Nov 2006
Location: Living in Taiwan
I guess it goes without saying, but for 'international' bloggers, you would need to check with your own tax authority.
The rules vary widely across the world regarding how such income is treated, or even if it should be included or not. For example, many US citizens living abroad generally have to file ALL global income, Brits living abroad generally do NOT. Generally.
This is an example of how rules may vary. Do check with your own tax authority as well as the tax authority in the place where you live.
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