Is paying someone for advertising your product taxable?
Posted: Sat Oct 06, 2018 11:16 pm
Good evening,
I am providing my product to online blogers and youtubers so that they can advertise my brand.
In return, I want to pay the percentage of every sold product. Would the money that I pay to the people who are advertising my product be taxable? Would they be treated as the employees? How do I go about this without breaking the law.
I want to have the facility on my website, where they can see how much money they've earned and be able to request that money at any time (or) pay them on the end of every month.
Regards
I am providing my product to online blogers and youtubers so that they can advertise my brand.
In return, I want to pay the percentage of every sold product. Would the money that I pay to the people who are advertising my product be taxable? Would they be treated as the employees? How do I go about this without breaking the law.
I want to have the facility on my website, where they can see how much money they've earned and be able to request that money at any time (or) pay them on the end of every month.
Regards