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Do Artists/Labels pay taxes on sales?

Forest dreams
IsraTrance Full Member

Started Topics :  107
Posts :  9697
Posted : Dec 14, 2007 15:30

do you?
          Nothing is said that has not been said before.
Xolvexs
IsraTrance Senior Member

Started Topics :  241
Posts :  2848
Posted : Dec 14, 2007 15:40
why?           When death comes to your doorstep, make sure you are alive
Forest dreams
IsraTrance Full Member

Started Topics :  107
Posts :  9697
Posted : Dec 14, 2007 15:42
Quote:

On 2007-12-14 15:40, doughcherry wrote:
why?



why do you ask why?           Nothing is said that has not been said before.
Zman
IsraTrance Junior Member

Started Topics :  14
Posts :  3784
Posted : Dec 14, 2007 15:58
most labels don't earn above the mark that requires you to pay tax
Xolvexs
IsraTrance Senior Member

Started Topics :  241
Posts :  2848
Posted : Dec 14, 2007 16:27
r u the taxman?           When death comes to your doorstep, make sure you are alive
DETOX
Moderator

Started Topics :  290
Posts :  6194
Posted : Dec 14, 2007 19:50
I dont know about artists since i am not one of them but labels are obliged to pay taxes otherwise they cannot ship their products out of the country with no official papers and receipts and in general cannot sell their products in any stores even in their own country.

Ofcourse like Zmadan wisely mentioned very few labels sell enough so that they got to pay taxes in the end of the year.           Toodaloo Motherfuckers!!!!!
shachar
Basic

Started Topics :  13
Posts :  402
Posted : Dec 16, 2007 15:42
everybody needs to pay tax.
not everybody do...
Fu Hsi
Perfect Stranger

Started Topics :  5
Posts :  235
Posted : Dec 16, 2007 21:54
Quote:

On 2007-12-14 15:30, Forest dreams wrote:

do you?




Personally I think that this is one of the examples of taking the friendly forum feel a little too far, since it's none of your business ( don't get it personal nothing against you here, but you have asked the question ) and more over it's not the business of all the people that read through this topic with all due respect to them too.

But back to the original quastion, the answer is definite YES, since it is bad idea to get messy with tax people, there is no chance to get well out of this           http://perfectlystrange.com
sure_smoke_alot
IsraTrance Junior Member

Started Topics :  45
Posts :  6874
Posted : Dec 16, 2007 22:20
Quote:

On 2007-12-16 21:54, Fu Hsi wrote:

since it is bad idea to get messy with tax people, there is no chance to get well out of this




u need sum Indian friends asap           the problem with valuing art is, till u dont understand it, it's worthless but wen u do understand it, it's priceless!!
Dennis the menace
DevilsDennis Sparris McHilton

Started Topics :  128
Posts :  2899
Posted : Dec 17, 2007 14:58
we pay tax for it, and the rate in sweden suck big time!
Forest dreams
IsraTrance Full Member

Started Topics :  107
Posts :  9697
Posted : Dec 19, 2007 05:57
Quote:

On 2007-12-14 16:27, doughcherry wrote:
r u the taxman?



are you paranoid?

Quote:

On 2007-12-16 21:54, Fu Hsi wrote:
Personally I think that this is one of the examples of taking the friendly forum feel a little too far, since it's none of your business ( don't get it personal nothing against you here, but you have asked the question ) and more over it's not the business of all the people that read through this topic with all due respect to them too.



well its a general question, just out of curiosity. I'm specially curious about Party organizers to know if the proceeds are even taxable? If you feel its not my business to ask, or that others to read, you'd rather not post and save the trouble.. i have no intention of invading your privacy and all that           Nothing is said that has not been said before.
Zman
IsraTrance Junior Member

Started Topics :  14
Posts :  3784
Posted : Dec 29, 2007 00:35
Quote:

On 2007-12-19 05:57, Forest dreams wrote:
Quote:

On 2007-12-14 16:27, doughcherry wrote:
r u the taxman?



are you paranoid?

Quote:

On 2007-12-16 21:54, Fu Hsi wrote:
Personally I think that this is one of the examples of taking the friendly forum feel a little too far, since it's none of your business ( don't get it personal nothing against you here, but you have asked the question ) and more over it's not the business of all the people that read through this topic with all due respect to them too.



well its a general question, just out of curiosity. I'm specially curious about Party organizers to know if the proceeds are even taxable? If you feel its not my business to ask, or that others to read, you'd rather not post and save the trouble.. i have no intention of invading your privacy and all that




Offcourse in India party organizers never pay taxes if its an outdoor party

But in places like Brazil, Japan and Israel where you have huge masses of people attending parties im almost certain they pay taxes because the revenue these parties rake in is quite high.

BooM
Trance Forum  Forum  Trance - Do Artists/Labels pay taxes on sales?
 
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