I would like to do PayPal webcam muscle shows but have some questions:
1. Are there any taxes for the people to send me money to my PayPal account or for me when I withdrawal the money into my bank account so I can get them (in hand)?
2. PayPal can block my account for doing webcam muscle flexing shows (not complete nude)?
3. (If to question 2 anwser is yes) Can’t I withdrawal my money after my every webcam show to prevent to lose my money if my account is blocked?
Thanks!
Paypal Webcam Muscle Flexing Shows?
By pay online Posted in: paypal
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I would NOT even try this move. Not at all. PayPal is very negative on ANY webcam type of (shows). Nude or not, all it takes is one of your viewers to complain or file a dispute and then state what they *bought* from you and your account will be toast.
You don’t collect tax on the amount the viewer sends you. There is no sales tax on that sort of thing. PayPal WILL require you to verify your account and probably step up to having a Premier or Business account. You will have to pay 2.9% of every transaction and I think about a .60cent fee to receive your money.
PayPal now also will be sending info to the IRS about how much money you have had sent to your account also, since many Ebayers were not claiming what they earned on the net, so you are going to need to claim that on your taxes.
I just wouldn’t do cam shows with PayPal as the processor. There are other adult oriented processors like CCBill etc that will not freeze your account, or you can go join a myriad of camsites to do your *thing*.