Do You Pay Tax for Earning Online?
By Bannybanzie
@Bannybanzie (1397)
Philippines
May 12, 2011 9:00pm CST
So, we need to tell the government how much we make and pay taxes right? I don't know if we have to pay taxes for our online jobs and earning opportunities here in Philippines. I don't know either in other countries. But I must say that it would be pretty hard to monitor due to the fact of instability in online jobs and that because it is done online, it would be harder to monitor than offline jobs.
So, does your country require you to report your income from internet jobs you do like PTCs and myLot? If ever time would come that we must pay, what can you say?
Well, I guess my boss actually hides from paying taxes associated with their business and so we are home based employees. We have no benefits like regular employees of companies have... Hmm... that's another issue though.
So is there a country that requires their citizens to report their online earnings? and pay tax for those?
2 responses
@ravisivan (14079)
• India
13 May 11
Basically in most of the countries all incomes are to be declared -- it may be earning online, gambling, work, writing, contract etc. Accordingly taxes have to be paid. Now RBI has made a regulation that all paypal credits have to be taken through bank accounts only and obviously they are to be reported in the income of respective persons. I show my online earnings in my income because it is included in the amounts I receive.
