Forum Moderators: martinibuster
As long as you pay the proper taxes for your country of residence, there is very little to worry about.
You only mention your lack of expenses (which means you don't have expenses to offset income). What about your income form the sites- where does it come from and how much is it (just need estimates- $#*$!, $x,xxx, $xx,xxx, etc.)?
LifeinAsia said:
If you make money in the U.S. or receive income from a U.S. source, you may be subject to U.S. taxes.
Not necessarily, as all Adsensers "receive income" from a US source. Only those who are US citizens or those classed as having a business interest in the US are liable for US taxes.
From the info provided by the OP, he would not come into this category, and would be liable for tax in his home country.
You will have to pay Income Tax on this income in India.
No other taxes currently apply.. although the Honorable Finance Minister has kept things suitably vague in current budget and you may ..I say again, may be liable to service tax ...
Well, It looks like I won't be moving to India after all!
Even if you were "eligible" for U.S. taxes, how would they enforce this? They aren't going to send an agent to come and get you, or try to extradite you, right?
Well, the US-IRS is not so naïf. They retain part of your income at the source (google, the employer) if they had too.
I know its not the UK...
Here's a thought. Anyone know a nice sunny spot with good internet connectivity, a thriving night life, friendly locals and no taxes?
Cyprus.
Other option: Dubai
is Las Vegas not such a place?
vivalasvegas: is Las Vegas not such a place?
What Lifein Asia said. Plus, to avoid confusion I'm not in Vegas.
