Comments on: How To Handle Tax When Outsourcing Overseas? http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/ Online Entrepreneur, Coach and Video Blogger Fri, 10 Feb 2012 20:19:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: amit http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1398 amit Sat, 20 Feb 2010 10:27:14 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1398 its nice information here thanks for this its nice information here thanks for this

]]> By: corporate executive training http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1397 corporate executive training Thu, 07 Jan 2010 11:43:07 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1397 Everyone should pay tax in a place where the earnings has been made. So if someone is getting cash abroad - he should pay abroad. Everyone should pay tax in a place where the earnings has been made. So if someone is getting cash abroad – he should pay abroad.

]]> By: used tires http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1396 used tires Wed, 06 Jan 2010 06:30:24 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1396 It does seem like there is some tax benefit in outsourcing but man... it would be so much nicer if we didn't have to deal with taxes :D Till then, Jean It does seem like there is some tax benefit in outsourcing but man… it would be so much nicer if we didn’t have to deal with taxes :D

Till then,

Jean

]]> By: pligg.com http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1395 pligg.com Tue, 29 Dec 2009 11:45:33 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1395 <strong>How To Handle Tax When Outsourcing Overseas?...</strong> Learn how to handle tax when I pay virtual staff from the Philippines, and why it's a huge benefit for any business.... How To Handle Tax When Outsourcing Overseas?…

Learn how to handle tax when I pay virtual staff from the Philippines, and why it’s a huge benefit for any business….

]]> By: boxing bags http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1394 boxing bags Mon, 28 Dec 2009 14:30:11 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1394 Great advice - thanks for this Tyrone! :-) Great advice – thanks for this Tyrone! :-)

]]> By: mortgage http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1393 mortgage Sun, 20 Dec 2009 03:24:03 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1393 Nice! I really enjoy and respect your thought and idea! Thanks for sharing this Idea! Have a great Time Bye Nice! I really enjoy and respect your thought and idea! Thanks for sharing this Idea! Have a great Time Bye

]]> By: commercial cleaning http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1392 commercial cleaning Tue, 15 Dec 2009 21:31:50 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1392 Tax is necessary to pay because a country depends on the tex of their employers. Tax is necessary to pay because a country depends on the tex of their employers.

]]> By: Briefcases http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1391 Briefcases Mon, 14 Dec 2009 22:10:52 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1391 This is an interesting problem that I'm sure a lot of people run into. Most business owners are so used to paying tax for their local employees. When you hire overseas employees, things become a lot easier. Plus those people often are willing to work for much lower rates. This is an interesting problem that I’m sure a lot of people run into. Most business owners are so used to paying tax for their local employees. When you hire overseas employees, things become a lot easier. Plus those people often are willing to work for much lower rates.

]]> By: Tyrone http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1390 Tyrone Sun, 13 Dec 2009 22:47:43 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1390 Yes, it would be unfair to pay taxes in both countries. This is why you only need to work out tax for yourself and your virtual staff will do the rest themselves. Yes, it would be unfair to pay taxes in both countries. This is why you only need to work out tax for yourself and your virtual staff will do the rest themselves.

]]> By: used bulldozers http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1389 used bulldozers Fri, 11 Dec 2009 08:05:24 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1389 I think that the most unfair thing that could be done would be paying taxes in two countries. E.g. if you hire people from abroad you pay taxes in their country and in yours. That is of course very handy for the governments of those countries but totally not good for those who pay taxes. I think that the most unfair thing that could be done would be paying taxes in two countries. E.g. if you hire people from abroad you pay taxes in their country and in yours. That is of course very handy for the governments of those countries but totally not good for those who pay taxes.

]]> By: Online Muzik Dinle http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1388 Online Muzik Dinle Tue, 08 Dec 2009 11:24:22 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1388 Too much to do and not enough of me to go around. Thanks for your great insight. Too much to do and not enough of me to go around.
Thanks for your great insight.

]]> By: infoproservice http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1387 infoproservice Thu, 03 Dec 2009 09:47:07 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1387 Nice! I really enjoy and respect your thought and idea! Thanks for sharing this Idea! Have a great Time Bye. Nice! I really enjoy and respect your thought and idea! Thanks for sharing this Idea! Have a great Time Bye.

]]> By: bridge design http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1386 bridge design Sat, 28 Nov 2009 06:04:06 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1386 Check with your local government and you unemployment office. A lot of the time these programs run out of funding about halfway through the year, but if you are one of the lucky ones, you may be able to take some courses. Check with your local government and you unemployment office. A lot of the time these programs run out of funding about halfway through the year, but if you are one of the lucky ones, you may be able to take some courses.

]]> By: bridge design http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1385 bridge design Sat, 28 Nov 2009 06:03:29 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1385 There are re-education programs out there that are government funded (usually state, county, or city, not federal.) If you qualify, and they have the budget, they will pay for some retraining to get you back into the workforce. There are re-education programs out there that are government funded (usually state, county, or city, not federal.) If you qualify, and they have the budget, they will pay for some retraining to get you back into the workforce.

]]> By: Tyrone http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1384 Tyrone Wed, 25 Nov 2009 22:27:42 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1384 Hi Jeremy, It's becoming common place for people to hire people offshore compared to local because of the cost savings and less paperwork involved. Hi Jeremy,

It’s becoming common place for people to hire people offshore compared to local because of the cost savings and less paperwork involved.

]]> By: Tyrone http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1383 Tyrone Wed, 25 Nov 2009 22:26:52 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1383 Hi Gordon, You're welcome. That's mostly the reason why I considered outsourcing first before hiring full time staff when I started my online business. I've run retail stores before and when it comes to handling paperwork and payroll, I find it a real nightmare.. not that I did any of it, just the thought of it gave me the creeps. Hi Gordon,

You’re welcome. That’s mostly the reason why I considered outsourcing first before hiring full time staff when I started my online business. I’ve run retail stores before and when it comes to handling paperwork and payroll, I find it a real nightmare.. not that I did any of it, just the thought of it gave me the creeps.

]]> By: Tyrone http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1382 Tyrone Wed, 25 Nov 2009 22:25:26 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1382 Hi Thomas, Thanks for your comment. I wanted to share with everyone about the tax issue and give them an overview so that it clears up some of the concerns. Hi Thomas,

Thanks for your comment. I wanted to share with everyone about the tax issue and give them an overview so that it clears up some of the concerns.

]]> By: Real Glass cookware http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1381 Real Glass cookware Wed, 25 Nov 2009 14:55:18 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1381 This portion being a withholding tax that needs to be submitted to the Australian Taxation Office. He should telephone the taxation department. They are very helpful and will give him the information he needs. This portion being a withholding tax that needs to be submitted to the Australian Taxation Office. He should telephone the taxation department. They are very helpful and will give him the information he needs.

]]> By: Thomas http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1380 Thomas Wed, 25 Nov 2009 06:31:57 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1380 I want to thank you for all of the GREAT content that you have shared with all of us. The tax issue is one that we all must be careful as companies go offshore to do business (from the USA). Be careful how you label these people that you hire offshore. I can't wait to get that first services off shore as I have been struggling with getting things done. Too much to do and not enough of me to go around. Thanks for your great insight. I want to thank you for all of the GREAT content that you have shared with all of us.
The tax issue is one that we all must be careful as companies go offshore to do business (from the USA). Be careful how you label these people that you hire offshore.
I can’t wait to get that first services off shore as I have been struggling with getting things done. Too much to do and not enough of me to go around.
Thanks for your great insight.

]]> By: Gordon Rowland http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1379 Gordon Rowland Wed, 25 Nov 2009 00:28:28 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1379 What a relief to learn that tax issues are so much easier when outsourcing contractors overseas! (Especially for impractical, arty types like me, with an aversion to numbers, percentages, deductions, taxation and accountancy procedures. Another benefit, as well as lower costs, of outsourcing to the Philippines! Thanks Tyrone What a relief to learn that tax issues are so much easier when outsourcing contractors overseas! (Especially for impractical, arty types like me, with an aversion to numbers, percentages, deductions, taxation and accountancy procedures.

Another benefit, as well as lower costs, of outsourcing to the Philippines!

Thanks Tyrone

]]> By: ATV Auction http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1378 ATV Auction Tue, 24 Nov 2009 20:35:09 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1378 Yes it is definitely easier to manage taxes when your employees are not in the same country as you. It almost makes me want to completely avoid hiring anyone local. Yes it is definitely easier to manage taxes when your employees are not in the same country as you. It almost makes me want to completely avoid hiring anyone local.

]]> By: Tyrone http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1377 Tyrone Tue, 24 Nov 2009 20:21:04 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1377 Hi Anthony, Thanks for your comment. Answering your question, no I'm not. This is a customized theme my graphic designer did for me a while back. Hi Anthony,

Thanks for your comment. Answering your question, no I’m not. This is a customized theme my graphic designer did for me a while back.

]]> By: Dwight Anthony http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1376 Dwight Anthony Tue, 24 Nov 2009 13:07:15 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1376 Ah, finally some perspective. I was wondering the same of how to handle virtual staff and the tax aspect. Makes perfect sense that you treat payment to outsourced staff as a business expense as they are not directly working for your business but instead, 3rd party subcontractors. This makes sense. Other question I have for you Tyrone, are you using Thesis as your main theme on this blog? I really like it. Ah, finally some perspective. I was wondering the same of how to handle virtual staff and the tax aspect. Makes perfect sense that you treat payment to outsourced staff as a business expense as they are not directly working for your business but instead, 3rd party subcontractors. This makes sense.

Other question I have for you Tyrone, are you using Thesis as your main theme on this blog? I really like it.

]]> By: uberVU - social comments http://www.tyroneshum.com/how-to-handle-tax-when-outsourcing-overseas/comment-page-1/#comment-1375 uberVU - social comments Tue, 24 Nov 2009 05:44:52 +0000 http://www.internetbusinesspath.com/?p=2787#comment-1375 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by tyroneshum: How To Handle Tax When Outsourcing Overseas? http://bit.ly/52fDuo... Social comments and analytics for this post…

This post was mentioned on Twitter by tyroneshum: How To Handle Tax When Outsourcing Overseas? http://bit.ly/52fDuo...

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