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How to keep reports under the paypal -> IP scheme?
Hello!
I really need advice from experienced people who accept payments on paypal in foreign currency and withdraw IP to their account
1. How to maintain tax contracts? My client just pays for a stick, but do I need some papers from the stick, or will it be enough to show the tax that the money came and I withdrew it to my account? Or you need a contract with a client (by the way, this is impossible, because it seems to me that I will only scare them away, now I work without contracts)
2. How will I have to pay tax - from the amount received on a stick or from the withdrawn amount to a cash account?
3. And a question for filling - what commission does the stick take from you for its services?
Thank you!
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It is necessary to conclude an agreement with an electronic money operator (PayPal, WebMoney, Yandex.Money, etc.). The client transfers money to the operator, and the operator credits these funds to the entrepreneur's current account.
You can read more here .
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