Hey folks.
My question for today is whether you pay taxes for the income you make .
Some countries have strict law that taxes have to be paid so I wanted to ask.
I don't pay because you can earn money online anonymously. In my country, online income tax don't have strict law.
Seriously, i don't pay tax with my online earnings. My earnings online are pretty low for now, unless i'm paying it indirectly without knowing. Though people pay tax in my country anyway.
Actually, i don't use paypal even though my country is eligible, however, we can only send with paypal. We can't receive for now. I do use skrill sometimes, so maybe skrill does that.It could be deducted on paypal fee? what do you think? because aside from it, I dont pay any tax here, but paypal do have its site for every country.
I don't think it a bad idea cos PayPal, banks and your government also need money to run their affairs and to also sustain.I am very sad to tell you that Ipay around 3-5% of my online earning for lots of taxes like paypal tax for recieving money ,transferring money,tax for converting to other currency etc and according to my country i pay lots of physical tax to government also ,thanx .
once your earning is good enough to get noticed by the income tax department. then surely you would have to pay the taxes. because we are now in the world where every transaction is tracked. and that in itself can be really something good for earning. and as well as we are forced to pay the tax. you can make money off the cryptocurrency. and that could earn some level of money in due time as well. so it looks like a good stream of income if you ask me.Seriously, i don't pay tax with my online earnings. My earnings online are pretty low for now, unless i'm paying it indirectly without knowing. Though people pay tax in my country anyway.
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