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Author Topic: Will US withholding tax apply to Photos.com sales for istock contributors?  (Read 7465 times)

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michealo

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