Test Are online businesses taxable?

QUESTION 1: ARE ONLINE BUSINESSES TAXABLE?

For a long time, online businesses have been exempt from paying taxes unless they have a physical space or some type of commercial nexus that complements or supports this coexistence
Currently, there are already tax rules for digital businesses that are developed via the Internet and have specific characteristics

Our online business is entitled and obligated to pay taxes as long as it has a physical presence
Whether we have an office or headquarters, some kind of warehouse where we store our marketable products or a sales point with physical customer interaction
In case our company does not have a physical presence but is related to another state or foreign country, it is also subject to taxes
Another case that counts for inclusion in the tax collection is if our business exceeds a certain amount of transactions or demonstrable income

Sales tax records the transactions of services or products purchased by customers, providing legal proof of our company's profits
There are states or countries where tax returns are not required for digital businesses
It is always of utmost importance to be informed about the legal effects on sales tax in the region where you are located even if your business is digital
In case of establishing commercial ties in different states, discrepancies in sales tax payment laws may require taxation as long as it does not occur in other states

Normally, all companies are obliged to pay income taxes as an annual tax return
If we have in our type of business a payroll of personnel working for us, we are required to pay income taxes
This example also applies to having a type of logistics and a physical facility where it is marketed
In all cases, once we obtain significant and justified income, our business is obliged to pay income taxes

Goods and services are also subject to taxation even when acquired outside the state where they are marketed
In case of a proven acquisition of goods for commercialization even in digital spaces the legality of taxes is fulfilled in the same way
According to the legislation of most states and countries, all remote sellers are obliged to collect use and consumption taxes on goods and services for their business
Sometimes we may think that because our business is digital or remote, be it products, goods or services, we will be exempt from taxes

It is good to be clear that our business model influences the type of tax to be paid
Tax law does not apply the same for an online store as it does for an internet consulting business

In an online consulting business, the tax is considered according to the consultant's employment status, whether he/she is an employee or an employer
When we are consultants and we work for a firm, or a company, it usually bears the tax liabilities

With the advantage of an online business our fixed residence is a factor that we can handle in a different way since if we are self-employed freelancers we can work from anywhere in the world
If we sell through our own platforms or logistics affiliations such as amazon or ebay to customers in any country, they can withhold taxes
Our proven commercial nexus with other companies no matter where you are located may also give us the right to collect taxes for payment in the tax territory where you are located
If you do business online and send invoices to a country where you do not reside, the country may be required to charge a tax rate