Resource Earnings

[Revolutionized]

How do you manage your income from resources? Do you have a business or are you taxing as a normal person.
I really need help with this, i want to offer a setup in non-exclusive :/

If you had many sales, feel free to write your thoughts.

 

[Syrine]

To be honest it varies a lot in which country you are in and pay taxes there.

For example, in Germany, if you sell services and products (in this case, resources) online, you have to register a company. (There are a few exceptions here, for example you don't have to set up a company and therefore don't have to pay tax if it's not aimed at making a profit (but it does in this case). Of course there are exceptions here too.
The taxes are then taxed here according to the applicable tax laws, which differ again. (In some forms of business this differs again, for example there is an exemption for some)

So my recommendation is simply to look this up specifically for your country or, best and safest, simply go to a citizen's office and ask there.

 

[Revolutionized]

that's what I told them, that we should go to a competent person who can tell us about this, but they don't want to deal with this sale issue...

 

[Matty]

How do you manage your income from resources? Do you have a business or are you taxing as a normal person.
I really need help with this, i want to offer a setup in non-exclusive :/

If you had many sales, feel free to write your thoughts.

Depends solely on your country's laws in regards to taxing and whatnot. If you're unsure, register a business for safety or contact a legal advisor to help you out. In regards to accounting, unless you're making over 6 figures with a bunch of income streams, you should be able to manage the accountancy files yourself - but once again, for safety, an accountant for 50$ a month is not an awful option either.