Does online business need a license and pay taxes. If yes then to whom.? -

I plan on starting an online business, since i am young and don t understand much about laws. I want to ask that do i need to register my would-be business and pay taxes if it is going to be totally online. Like i am gonna provide some kind of service.If the taxes are needed to be paid then to whom, because virtually one day i can be managing it in the U.S. and other day in Australia.So do i need to register, pay taxes, if yes then to which country. Because theoretically it s online business and can be operated from anywhere, right. It won t have any solid location in any particular country.The only fair way i think it should work is like this:Lets say i get 60% of my clients/visitors/etc from Country A and 30% from Country B and rest of the 10% from anonymous place. Then my online biz should be taxed by whatever percent is assigned by Country A s law of my 60% taxes. And 30% of taxes go to country B while the last 10% to all world governments since those users were anonymous. Pretty idea don t you think.

Legally it does have to have a solid location, even if it s not where you operate. You ll need a business license for your area to operate. You ll have to pay federal, state, and local taxes for that area. If you are selling something, you ll also need a state sales tax number in many places.http://www.irs.gov/businesses/small/arti��That should help you quite a bit. If not, see an accountant. The last thing you want to screw up is federal taxes.