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That is a very interesting interpretation of the law. Another would be to regard such a construct as income. Report your income. Pay your taxes and be happy.
by clan 6y ago
That is a very interesting interpretation of the law.
Another would be to regard such a construct as income. Report your income. Pay your taxes and be happy.
It only becomes "gray" areas when people think it is possible to have non-taxed revenue streams.
- icebraining 6y ago> It only becomes "gray" areas when people think it is possible to have non-taxed revenue streams. This may be true in some countries, but it's definitively not an universal truth. Some business models are not allowed even if you pay taxes on the income. This is what the user is describing, and reading the (English translation) of the text of the Act, I'd be worried too.