05-04-2010, 11:57 AM | #16 |
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Except if you live in Ireland, where writers only pay tax after having earned 250000 euros...
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05-04-2010, 11:58 AM | #17 | |
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Damn, I'll have to move to somewhere that's not England. Last edited by Dusty Bottoms; 05-04-2010 at 12:00 PM. |
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05-05-2010, 05:32 PM | #18 | |
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That said, you CAN declare the income as already taxed but the problem is that as far as the internet is concerned the "world" really does seem to be the US, every site I find turns out to be US based... sigh. What do the antipodeans and SAfricans do? Anyone? I think I might be able to find a tame publisher, the other way, I guess is to give away some of it on Smashwords for free and get people to visit my site to pay... but that seems a bit wrong... or go for the give away free e-books and sell paperback versions to those who really like it (from England, where the IRS can't get me). The problem is the complications of the paperwork really, my partner sold some shares in the US, he just sent the final form in the chain off and the stock broker did the rest, he didn't need the US tax number and he isn't going to have to fill in a US tax return this year... that's the bit I don't really get... if it was just a number and a letter it would be a lot less complicated. Ah well... MTM |
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05-05-2010, 05:38 PM | #19 | |
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Sigh... Last edited by M T McGuire; 05-05-2010 at 05:41 PM. |
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05-05-2010, 06:35 PM | #20 | |
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International publishers may choose to enter a tax identification number and email their form W-8BEN to dtp-support@amazon.com to reduce tax withholdings (for those countries that have a tax treaty with the United States of America.) Downside of the 'mailed check' route is that you have to have more than $100 owed you and it will only be paid 60 days from the end of the calendar month: ...$100 or more for check payment) approximately sixty (60) days following the end of the calendar month during which applicable sales of your content occur Hope this has helped someone out who is not part of the United States of Everything Last edited by Dusty Bottoms; 05-05-2010 at 06:43 PM. Reason: Reptition, more repetition :) |
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05-05-2010, 10:51 PM | #21 | |
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If it helps, the 30% is out of your earnings, not out of the list price of an ebook. FWIW, folks, I'm looking at setting up an epublishing service to deal with all this hassle on behalf of authors - I just need to make sure that I won't get myself horribly tangled up in international tax red tape |
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05-07-2010, 09:41 AM | #22 | |
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As for the above... that is a VERY good idea, are you going to charge a percentage or a flat fee? Cheers MTM |
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05-07-2010, 09:43 AM | #23 | |
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05-09-2010, 10:14 PM | #24 |
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Percentage - although there'll be an option to decrease the percentage by paying a flat fee upfront. That said, it'll depend what's being done. The original concept was for editing/proofing/formatting work - if it's just handling payments from the US, a high percentage wouldn't be justified.
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