When domain reselling...

Ericsson · 10-16-2005, 11:26 AM

If I reseller domains do I need to pay tax for them?

PolurNET · 10-16-2005, 01:14 PM

Depends on the registrar and the country you are located. Generally, the answer is NO.

vip-ip · 10-16-2005, 01:19 PM

Yes, the ICANN fee is like 25 cents, I believe, that's your tax.

Ericsson · 10-16-2005, 01:28 PM

I mean like an enom reseller not from ICANN.

deu12000 · 10-16-2005, 01:58 PM

Depends on how much you make from domains. If you are running a business or are making more than I think it's $500 profit per year (in the US), then you are suppose to pay taxes on your gains or take deductions for your losses.

10-16-2005, 11:26 AM	#1 (permalink)
Ericsson Senior Member Join Date: Aug 2005 Location: Belfast Posts: 1,215 23.40 NP$ (Donate)	When domain reselling... If I reseller domains do I need to pay tax for them?

10-16-2005, 01:14 PM	#2 (permalink)
PolurNET ₪NamePros Elite™ Join Date: Jul 2004 Location: Kingston, Canada Posts: 2,963 365.30 NP$ (Donate)	Depends on the registrar and the country you are located. Generally, the answer is NO. __________________ •• PolurNET Communications •• Avoid the Freeze, Enjoy the Breeze! = *A very* special day, February 12th = Proudly #1 on NamePros and WebHostingJury for over 3 years! \|\|LawPoint.org •• GREAT UK HOSTING DEALS NOW AT: ExcellentHost.com** ••

10-16-2005, 01:58 PM	#5 (permalink)
deu12000 Senior Member Join Date: Jun 2004 Posts: 1,458 1,775.40 NP$ (Donate)	Depends on how much you make from domains. If you are running a business or are making more than I think it's $500 profit per year (in the US), then you are suppose to pay taxes on your gains or take deductions for your losses. __________________ Low Priced Turnkey Websites , Free Forum Software , Real Estate Licensing Information , Find your Future Home

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10-16-2005, 01:19 PM	#3 (permalink)
vip-ip Account Closed Join Date: Jan 2005 Location: root@localhost Posts: 4,045 32.70 NP$ (Donate)	Yes, the ICANN fee is like 25 cents, I believe, that's your tax.

10-16-2005, 01:28 PM	#4 (permalink)
Ericsson Senior Member Join Date: Aug 2005 Location: Belfast Posts: 1,215 23.40 NP$ (Donate)	I mean like an enom reseller not from ICANN.

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