Street performance/busking and tips, taxes and credit card terminals

[sheriffo]

Hello

I am exploring the possibilities of using a credit card terminal for passers-by to tip my street performances.It turns out that using a terminal requires registering business. However, tips are not taxable, so the business would pay no taxes at all.

What is a legally permissible approach in such a situation? Is it okay to register as a sole trader street performer and to make no taxable income?

Thank you.

[KOLLerVIlLe]

thank you a lot for the post, I don`t know the answer, but I`ll be glad to know

[ostell]

Tips are taxable

[Captain Haddock]

I think any activity that generates income should be taxed. It is an important condition. Everyone is equal in this regard. Why should someone have to pay taxes and someone else tries to avoid it? That doesn't sound fair. I recently learned that the use of cryptocurrency is taxed as well. Even on this issue, people are trying to avoid taxation. I was shocked when I looked up this https://www.jdsupra.com/legalnews/ca...rypto-8595972/. Now cryptocurrency is also used as a payment method. It makes sense that you would have to pay taxes.

I'm sure the likes of Amazon would disagree with you.