Ok here is the question,I believe that in all countries you have to pay some taxes for the monthly income, somewhere are more somewhere less, but how do you legitimize income from freelancing and to be more precise income from freelancing web sites?(like odesk for example)?In my country (Bulgaria) the problem isn't solved at all, and i mean you have to be a "criminal" if you do that kind of work. Let me explain, here, for every project you have to have a contract, ok this is ok, but when you do a job for 40$, and the contractor is half the world away, well that is not such a good thing, i mean with the contract.So now, if you have done some kind of a work like that you can't legitimize the money you have received for the work, no contract... and nobody will say ok , send me contract halfway around the world and i will sign it and send it back, 1. who will pay the logistics; 2. and for the time spent; etc etc. And that has kept me from doing freelancing.
how is this regulated in your country(ies) ??
P.S i am just interested how these things are regulated else where, but i don't want to sit down and start reading xs' (country) tax and money laws
I believe it would be an interesting and helpful discussion .
This post has been edited by izrafel: 26 March 2011 - 05:26 PM