- Joined
- Jun 28, 2013
- Messages
- 35
Rep Bank
$170
$170
User Power: 54%
I've been doing alot of research in terms of taxes because going from a "sidewalker" to "fastlane" is going to be a drastic shift for me...
I'm confused as to how I go about this whole partnership (I'm in U.S, he's in France) and taxes because we are going to split profits 50/50 BUT the money is going to end up in my account and I send him his share. If I'm reading correctly, the right thing to do is pay quarterly "Withholding Taxes"?
Would it be better if he made the business in france rather than U.S?
I'm confused as to how I go about this whole partnership (I'm in U.S, he's in France) and taxes because we are going to split profits 50/50 BUT the money is going to end up in my account and I send him his share. If I'm reading correctly, the right thing to do is pay quarterly "Withholding Taxes"?
Would it be better if he made the business in france rather than U.S?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today