He is really great in marketing and he can expand my business a lot. Can my corporation pay him 1099 or W2 or his corporation?
Based on the forms you mention, I assume "here" is the United States. Of course your cousin can work in Australia for your company, but there are some potentially dangerous tax issues.
First, depending on what he is doing for you and in what capacity, he might create a taxing presence in Australia for your company. Second, there are a bunch of US compliance issues with respect to payments made to foreign persons.
There is too much material to go over for a complete answer in Yahoo Answers. You should talk to an international tax attorney before hiring him. |
