Hello. We have decided to submit a blueprint to marketplace once it is ready as a 2 man team called HeadsAndBrains (Wrote the name just to have our name on forum :)). I have been reading about taxes and other confusing things almost for 3-4 hours nonstop… And I just got more questions
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First, some info: I live in Azerbaijan. I don’t have an official company or anything.
So here goes my questions:
- Do I need to have an actual bank account or is it enough to have just a plastic card? In cases of using PayPal for payment receiving or without it.
- Do I need to have Taxpayer ID, tax forms, and bank information for this country? As I see it may not be needed based on this “Taxpayer ID, tax forms, and bank information may be required to receive payment”.
- What the heck are those 3 things on question 2?
- What taxes might I need to pay from my 70% ? If you don’t know about my country’s taxes it is ok, just what about before I get that money?