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February 11, 2012, 02:00

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MicrostockGroup » Forum » Top Tier - Big 4 » iStockPhoto.com » Will US withholding tax apply to Photos.com sales for istock contributors?

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Topic: Will US withholding tax apply to Photos.com sales for istock contributors?

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michealo

« Reply #25 on: June 03, 2009, 11:37 »

#link

Quote from: sharpshot on May 29, 2009, 04:38

I think istock would make sure they pay people through their Canadian finance offices, to get around this. I can't understand why shutterstock don't move their finances outside the US. It seems every other big internet company has done that with no problems, so why can't SS? Google, Facebook, Yahoo!, e-bay,Amazon and many more are located in Ireland, I wonder why

I suspect the 12.5% corporation tax has a large part to play as do the tax treaties with US, EU and a lot of other countries.
But the English speaking highly qualified workforce plays no small part either.
As do labour laws, productivity levels, etc


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