articles i found states that is what they are going after. section 15, 16, 17 of that directive are rather questionable as to if this is going to give the IRS permission or "demands" that our tax info is turned over to them. this is a world economy now. done digitally for the most part. that is why cash is so important. if it's not held physically in one's hand, it can disappear at the whim of the powers that be. and we've seen some of those cases recently.
That's true. however why was that favorite trick of putting the bad news out on weekends or holidays used here? because they had until dec 31, 22 and that fell on a holiday? sure. this has been knows for almost two years and this is the first we are hearing about it? we will have to wait and see if amazon is forthcoming in info and explanation about this. but are they ever? the "gig" economy is large. perhaps this will become a class action suit and be settled out in court. and if it doesn't concern us, then why is it plastered all over our page?
depends on how much of an individualist you are. i'm waiting for a reasonable explanation. the us is not a member of the eu. so, why do we owe it anything in the way of taxes? don't they already collect a vat tax for that?
It looks to me like the EU is trying to tax foreigners who do online work for EU member nations groups. I doubt that I've done enough surveys for German universities to reach a taxable amount. Most of my work for outside nationals is from British or Asian universities.
years ago there was a local coffee shop I hung out at - if you ordered bacon eggs large coffee and a NY times, it came to $6.66. I came in every dayand ordered the devil's breakfast. Name stuck until they raised prices. But I was proud to have my creation on their menu board
like i said, though, we may see a deduction in what requesters pay us from foreign nations because amazon may possibly take it off the top as, I have no idea, but perhaps the company itself will be held for those taxes.
I just went ahead and submitted the info despite the fact it seems ...
https://www.globalvatcompliance.com/globalvatnews/australia-new-gst-rules-from-july-2022/
You used to see a block at 600 dollars by requesters for the 1099-miss. that begins at 600. Then they popped up the 1099-k with a 20,000 base. Now we are going to have a 1099-k at 600. I would guess that many requesters will limit payouts to the 600 again, to avoid the trouble of dealing with tax paperwork. I'd bet that this will happen with other countries too. ........all in all it means less work offered to workers....You can also assume that Amazon will do as little as possible in this whole squabble.
@JanetW
V
@VoE - U of Konstanz
except the gig economy where we almost have to be paid digitally unless someone wants to print checks and pay to mail them. Yes, now the ideal thing to do if one can trust one's neighbors, is set up that cash/barter ecomomy. form local groups, get those food coops going like the Amish have. cash only. always cash. if we don't, we're doomed. i've heard it said three sides of the digital prison are up and the forth one is closing and when it does, game over.
except it's expected and apparently demanded. waiting for someone from amazon or somewhere to give a good explanation.
Jan's taking a few days off for personal reasons...should be back later this week
Cash is how lots avoid taxes. That's why the government wants to track cash, crypto, stock investments, etc. I had to get an exemption from the 10K cash deposit form when I ran a restaurant - I was depositing that several days a week.
