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David Forums Member
Joined: 22 Jul 2008 Posts: 26
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#1 · Posted: 3 Mar 2009 16:37
Hi, As an affiliate residing overseas, (Australia) I hope to be receiving affiliate checks from U.S. affiliate programs. What U.S. tax rates am I likely to have to pay? Would there be a tax free threshold and if so how much?
David
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happywife
Joined: 14 Aug 2007 Posts: 1565
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#2 · Posted: 3 Mar 2009 18:43
Hi David,
It will depend on the company you sign up with as an affiliate. Some of them will accept a declaration that you are a non US affiliate with no US activities and therefore won't take any taxes out of your earnings.
You'll still have to consider Australian taxes though. If I remember correctly, you can earn up to $50,000 per year in Australia as a "hobby" without having to pay tax on it. So, if you have an offline job and are just doing this on the side, you could probably classify it as a hobby.
Also, last time I checked, you can earn about $30,000 in network marketing in Australia without paying tax on it.
Those numbers may be different now. It's best to check on it yourself.
Cheers, Angie
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ankor34 Forums Member
Joined: 30 Mar 2009 Posts: 2
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#3 · Posted: 30 Mar 2009 13:13
wow, I did not realize that you could make so much money off the books in AU. Thats amazing you could own like ten businesses and make a million dollars completely off the books and pay yourself like $5k a year and completely avoid taxes altogether.
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Nova Mercantile Automated Trading -- Forex Robot http://solutionpc.fapturbo.hop.clickbank.net/
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jillc55 Forums Member
Joined: 19 Apr 2011 Posts: 1
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#4 · Posted: 19 Apr 2011 15:16
Hi, I am thinking of joining an affilliate program in the USA and I live in Canada. Can anyone tell me if I really need a employer ID number. I will be paying taxes in Canada on any earnings.
Thanks in advance to all who may be able to help me.
Regards, Jill
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www.tripler.biz
Id # 371592
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