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Sales or income tax will be a problem though.
by saulpw 2y ago
Sales or income tax will be a problem though.
- onlyrealcuzzo 2y agoNot if you sell in a state without income tax. And I imagine someone creative can probably find ways to make this not classify as income.
- criddell 2y agoTrue. We'll probably have to make the poem and picture about Jesus and do it through our new church in New Hampshire.
- 0cf8612b2e1e 2y agoSolve the deficit at the same time!
- arunabha 2y agoI hear the standard practice is to have the IP of the poem owned by a foreign entity(Ireland is pretty popular) and then for the US entity to pay a royalty of $50 trillion to the foreign entity so that the net revenue in the US is zero. I believe it has it's own name - The double Irish.
- ummonk 2y agoYeah but then that only contributes to the GDP of Ireland, not the US. Not coincidentally, Ireland has one of the highest GDP per capita in the world.
- lotsofpulp 2y agoThis only works within the European Union because the EU rules allow it. It would not work between the US and Ireland.