Check local laws. Usually it is tax free, or there is an easy solution up to a certain yearly threshold which is helpful enough for kickstarting something new. Sometimes opening a separate bank account helps tracking for this purpose. Asking a local accountant is the best way to get through this.
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Check local laws. Usually it is tax free, or there is an easy solution up to a certain yearly threshold which is helpful enough for kickstarting something new. Sometimes opening a separate bank account helps tracking for this purpose. Asking a local accountant is the best way to get through this.