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This is why you shouldn't accept payment in any currency other than the one you pay your taxes with. It's effectively investing 100% of your income in a single
by pault 7y ago
This is why you shouldn't accept payment in any currency other than the one you pay your taxes with. It's effectively investing 100% of your income in a single asset.
- mirimir 7y agoTrue. But you could also say that you shouldn't accept payment as the entity that will pay taxes. That's what Apple, for example, does for non-US revenue. And what Mirimir does, in a small way.
- pault 7y agoOh yeah, for sure. If you can prove that all of your income was earned by a shell company in Ireland, you should definitely do that. :)