Amercian Tax %

Hello and thanks for reading,

I'm currently creating a website which has potential to make large sums of money each month using YPN (Yahoo ads). Since me and my partner who will be running the site are not american and live in Europe we can not apply for Yahoo.

We have an american contact who will allow us to use their yahoo ads account and who will transfer the payment each month. Since the ads would be in our american partners name, they will be the one having to pay the tax. We will make sure we give our partner money to cover tax's and money for their time managing our ads, however as i'm unexperienced with US tax, is their a cetain tax % to take into account?

Regards,
Dan

There are a ton of factors involved. You should set aside somewhere around 28%.

Like... a little more info wouldnt go a miss Thanks,

I think this would be highly against their TOS, not to mention illegal in the US.

E-mail them first to make sure, it's better to ask first then be making $150 a day and then find our you're not going to recieve it.

Originally Posted by Famoso I think this would be highly against their TOS, not to mention illegal in the US. E-mail them first to make sure, it's better to ask first then be making $150 a day and then find our you're not going to recieve it.

this is very true. Most of these ad services are particularly strict, and the employ people simply to sit around and look for things like this, so that they can ensure that nobody is "cheating".

Hello,

As long as the site is considered to be owned by the yahoo ad owner I don't see what would be wrong, yahoo wont notice what you do with the money after you get it.

Could anyone fill us in about tax info (%'s etc), thank you.

Tax is at 8% I believe.

Couldnt you just use google instead?

Originally Posted by freedom Tax is at 8% I believe.

You wish. It's 28% -- don't forget write-offs.

Edit: Don't hold me to that number but it's definitely around there.

Originally Posted by MaxS You wish. It's 28% -- don't forget write-offs.

Excuse me in that case I guess. I thought it was like regular tax -- .08 on the dollar