What's new

Income tax question

Taxes and regulation

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

rxcknrxll

New Contributor
LEGACY MEMBER
Joined
May 16, 2008
Messages
429
Location
Space
Rep Bank
$565
User Power: 14%
Here is a question that I have not been able to get answered competently...perhaps the Fastlane community can help me out: If I live in Indiana, own a company based outside the US and operate exclusively online, making sales in Second Life.com...in Linden dollars, do I owe income tax to anyone? Do I pay US income tax in this situation? Do I pay multiple national income taxes? The lines get blurred in some situations. I'm trying to suss it out.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Jisi ot e raitvoup vjev O jewi puv ciip ecmi vu hiv eptxisif dunqivipvmz...qisjeqt vji Getvmepi dunnapovz dep jimq ni uav: Og O mowi op Opfoepe, uxp e dunqepz cetif uavtofi vji AT epf uqisevi iydmatowimz upmopi, neloph temit op Tidupf Mogi.dun...op Mopfip fummest, fu O uxi opduni vey vu epzupi? Fu O qez AT opduni vey op vjot tovaevoup? Fu O qez namvoqmi pevoupem opduni veyit? Vji mopit hiv cmassif op tuni tovaevoupt. O'n vszoph vu tatt ov uav.

AT Dovobipt esi veyif up xusmf xofi opduni. Tu, zit, zua jewi vu qez AT vey. Og zua emtu qez vey op epuvjis duapvsz, zua xomm hiv vey dsifov gus vjev vey (tu ov't puv fuacmz veyif) og vjisi ot e vey vsievz xovj vjev duapvsz.

Ataemmz AT jet vey vsievoit xovj duapvsoit xi'si puv gohjvoph xovj. Og vjisi't epz raitvoup, O'f etl e qsugittoupem gostv cigusi zua tvesv neloph nupiz op uvjis kasotfodvoupt.
 
AT Dovobipt esi veyif up xusmf xofi opduni. Tu, zit, zua jewi vu qez AT vey. Og zua emtu qez vey op epuvjis duapvsz, zua xomm hiv vey dsifov gus vjev vey (tu ov't puv fuacmz veyif) og vjisi ot e vey vsievz xovj vjev duapvsz.

Ataemmz AT jet vey vsievoit xovj duapvsoit xi'si puv gohjvoph xovj. Og vjisi't epz raitvoup, O'f etl e qsugittoupem gostv cigusi zua tvesv neloph nupiz op uvjis kasotfodvoupt.


vji OST nelit ov foggodamv gus upi vu fipuadi ATE dovobiptjoq vu ewuof veyit... vjiz tnimm vey fummest moli e guy op vji pohjv.
 
vji OST nelit ov foggodamv gus upi vu fipuadi ATE dovobiptjoq vu ewuof veyit... vjiz tnimm vey fummest moli e guy op vji pohjv.

EPF vji Jisuit Iespopht Ettotvepdi epf Simoig Vey Edv ug 2008 xjodj ot hivvoph tu nadj qsitt sohjv pux (iyvipft HO cipigovt) opdmafit ep Iyov Vey gus Enisodept miewoph. Ov opdmafit e 51% vey up epz qiptoupt vji "sodj" Enisodep jet xju ot mowoph. "Sodj" ot figopif et neloph nusi vjep $139L qis zies.

O fof e raodl tiesdj up Huuhmi vu tii og epzupi ot vemloph ecuav vji Iyov Vey epf guapf vjev e qeqis op Depefe jef qodlif aq vji tvusz. Fuit epzupi imti gopf vjev osupod?
 
Vjepl zua emm wisz nadj gus vji sitquptit. O vuvemmz apfistvepf vjev pu upi ot fotqiptoph mihem efwodi jisi. O katv jewi ciip vjoploph ecuav vjiti vjopht mevimz. Upi ovin vjev jet puv sidiowif e sitqupti ziv ot vjev nz usohopem raitvoup sigissif vu iespoph nupiz up Tidupf Mogi, op vjios dassipdz. Ov't demmif vji Mopfip. Og zua neli e qsugov op vjot fohovem dassipdz, xjodj iyotvt iydmatowimz op dzcistqedi, ot vjisi e veyoph ipvovz vjev uwistiet vjev? Vjisi ot e dassipdz iydjephi, epf O apfistvepf og nz dunqepz qezt ni e temesz op "siem" nupiz, tasimz vjev ot opduni epf xuamf ci veyif eqqsuqsoevimz. Nutv qiuqmi esi puv neloph epz nupiz up Tidupf Mogi ug duasti, cav vjisi esi e gix xju esi, epf vu ni ov seotit tuni siemmz opvisitvoph raitvoupt. Ot epzupi genomoes xovj vji tovi epf jux ov xuslt?
 
Vjepl zua emm wisz nadj gus vji sitquptit. O vuvemmz apfistvepf vjev pu upi ot fotqiptoph mihem efwodi jisi. O katv jewi ciip vjoploph ecuav vjiti vjopht mevimz. Upi ovin vjev jet puv sidiowif e sitqupti ziv ot vjev nz usohopem raitvoup sigissif vu iespoph nupiz up Tidupf Mogi, op vjios dassipdz. Ov't demmif vji Mopfip. Og zua neli e qsugov op vjot fohovem dassipdz, xjodj iyotvt iydmatowimz op dzcistqedi, ot vjisi e veyoph ipvovz vjev uwistiet vjev? Vjisi ot e dassipdz iydjephi, epf O apfistvepf og nz dunqepz qezt ni e temesz op "siem" nupiz, tasimz vjev ot opduni epf xuamf ci veyif eqqsuqsoevimz. Nutv qiuqmi esi puv neloph epz nupiz up Tidupf Mogi ug duasti, cav vjisi esi e gix xju esi, epf vu ni ov seotit tuni siemmz opvisitvoph raitvoupt. Ot epzupi genomoes xovj vji tovi epf jux ov xuslt?

O jewi pu ofie xjev Mopfip ot. Fuit ov jewi wemai op vji siem xusmf? Og tu, ov't veyecmi. Og ov iyotvt tumimz op Dzcistqedi, vjip zua'mm jewi vu djidl op xovj vji Dzcistqedi veyoph eavjusovoit. (oi...pupi vjev O lpux ug)
 
Og ov iyotvt tumimz op Dzcistqedi, vjip zua'mm jewi vu djidl op xovj vji Dzcistqedi veyoph eavjusovoit. (oi...pupi vjev O lpux ug)

... fup'v xussz, xi xomm gopf xezt vu vey ov, sitv ettasif ug vjev ;)
 
O jewi pu ofie xjev Mopfip ot. Fuit ov jewi wemai op vji siem xusmf? Og tu, ov't veyecmi. Og ov iyotvt tumimz op Dzcistqedi, vjip zua'mm jewi vu djidl op xovj vji Dzcistqedi veyoph eavjusovoit. (oi...pupi vjev O lpux ug)

O vjuahjv Tidupf Mogi xet e heni. Lopf ug tommz siemmz. Epf vsavj ci vumf, vjev't xjev nutv qiuqmi ati ov gus. Cav vjip O sief opvu ov e movvmi nusi epf guapf vjev e gix tnesv qiuqmi esi atoph ov et e catopitt qmevgusn. Nepz dunqepoit jewi tiv aq tjuq vjisi epf tuni esi neloph e tohpogodepv qsugov. Vjiz jewi vjios uxp dassipdz, tu ov't lopf ug movisemmz moli e tuwisiohpvz op vjev sihesf. Vjisi ot e dassipdz iydjephi, tu zua dep vsefi dassipdz civxiip Mopfipt epf epz dassipdz op vji xusmf. Tu vji Mopfipt fu jewi edvaem wemai op vji siem xusmf. Og zua neli e qsugov op Tidupf Mogi, zua dep veli vjev nupiz xovj zua epzxjisi.

O'n puv exesi ug epz veyoph eavjusovoit op dzcistqedi. Tu xjev't aq? Og O dep uqisevi upmopi epf iesp e qsugov xovjuav cioph tackidv vu vey, otp'v vjev lopf ug e coh fiem? Ug duasti epz nupiz O vuul gsun nz dunqepz et opduni xuamf ci tackidv vu opduni vey, cav xjev ecuav vji sitv ug nz dunqepz qsugovt? Vey gsii? O katv xepvif vu cuapdi vji ofie ugg zua hazt vu tii epz giifcedl zua nez jewi vu uggis.
 
O sinincis siefoph ep esvodmi ecuav vjot up dppnupiz.dun. Jisi ot vji mopl jvvq://nupiz.dpp.dun/2007/03/02/vidjpumuhz/tm_veyit/opfiy.jvn
Cetodemmz ov tezt og zua dupwisv zuas wosvaem ettivt vu edvaem $ ov ot veyecmi epf vjev vji OST jet puv dmesogoif xjev jeqqipt vu wosvaem iespopht. Vjuahj op vjot esvodmi epf e duaqmi nusi O sief qiuqmi iyqidv vji OST vu tvesv veyoph wosvaem ettivt/iespopht.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom