Jun 20 2025, 02:13 AM
QUOTE(SmilingSword @ Jun 19 2025, 04:08 PM)
Hello everyone!
I am seeking some guidance regarding a tax-related issue that one of my friends, based in Sabah, is currently facing. She is partnering with an individual in the US to sell digital software and services. In this partnership, she provides a PayPal account and handles tasks such as monitoring income, issuing refunds, managing disputes, and overseeing accounting activities. Most of the software and services, however, are managed by her US-based partner.
Recently, she discovered that she needs to pay taxes, which has come as a surprise to her, as she has never had any experience with tax obligations or understood them in detail.
To provide more context, the business income is withdrawn to her bank account, from which she receives 10% of the total income, while the remainder is sent to her partner via international wire transfer. The business generates an income ranging between $2,000 and $9,000 USD per month, with fluctuations.
She is concerned and unsure about how to proceed with the tax payment process. Specifically, she is wondering if she is required to pay tax on the full income or just the 10% she receives.
Could anyone clarify how tax payments work in this situation, and what steps she should take to ensure compliance?
Thank you for your help and advice.
She is just basically a mule account for money laundering... I am seeking some guidance regarding a tax-related issue that one of my friends, based in Sabah, is currently facing. She is partnering with an individual in the US to sell digital software and services. In this partnership, she provides a PayPal account and handles tasks such as monitoring income, issuing refunds, managing disputes, and overseeing accounting activities. Most of the software and services, however, are managed by her US-based partner.
Recently, she discovered that she needs to pay taxes, which has come as a surprise to her, as she has never had any experience with tax obligations or understood them in detail.
To provide more context, the business income is withdrawn to her bank account, from which she receives 10% of the total income, while the remainder is sent to her partner via international wire transfer. The business generates an income ranging between $2,000 and $9,000 USD per month, with fluctuations.
She is concerned and unsure about how to proceed with the tax payment process. Specifically, she is wondering if she is required to pay tax on the full income or just the 10% she receives.
Could anyone clarify how tax payments work in this situation, and what steps she should take to ensure compliance?
Thank you for your help and advice.
Your friend really blinded by greed...such activities should trigger a red flag already. Why would a business needs a third party that serves no purpose to transfer their money to? Monitoring income, overseeing acount activities is a joke..she basically serves no purpose in this.
All points to money laundering.
Slips or history of money transactions only doesn't mean this business is legit btw. Engage a professional but i think all is lost most likely.
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