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General Domain Name Discussion
Is direct navigation income royalties or business profits?
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<blockquote data-quote="angel69" data-source="post: 2238298" data-attributes="member: 97749"><p>You'd better ask a tax advisor or CPA but it looks like business income to me. I'm not sure you'd classify income from type-in traffic as "royalty income". Royalty applies mainly to copyrights n trademarks. It also depends on where you live, ie if you're not in the US it may be treated differently. And it also depends on how you declare your income/profit n loss from domaining, ie do you list them on your personal taxes as your own small business revenue for example, or do you have an LLC or another legal setup for your domaining business</p></blockquote><p></p>
[QUOTE="angel69, post: 2238298, member: 97749"] You'd better ask a tax advisor or CPA but it looks like business income to me. I'm not sure you'd classify income from type-in traffic as "royalty income". Royalty applies mainly to copyrights n trademarks. It also depends on where you live, ie if you're not in the US it may be treated differently. And it also depends on how you declare your income/profit n loss from domaining, ie do you list them on your personal taxes as your own small business revenue for example, or do you have an LLC or another legal setup for your domaining business [/QUOTE]
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Is direct navigation income royalties or business profits?
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