Quote:
Originally Posted by neilmarr
Don't confuse 'royalties' with retail commissions, James. Much depends on your geographical position. Without an 'official' US presence, the big new online ebook stores won't touch you (unless you jump through hoops). Smashwords is an option, but if you're not US, prepare yourself for 30% retained tax-at-source on each sale, minus Smashwords' own 18% and individual retail commissions. Neil (whose wee publishing house just spent a small fortune in legal fees, etc on US registration so that we can deal direct with the US stores and upload our own, perfectly prepared, ebook versions) Neil
|
Smashwords is no longer required to withhold taxes from non-US authors according to the August 25 site update:
https://www.smashwords.com/about/beta
One reason why I would choose them over dealing directly with Amazon once they start distributing there. The other reason I would choose them is if you are pricing your book under $2.99 - Smashwords will pay you 42% of the retail price on books sold at Amazon, rather than the 30% Amazon would give you for dealing with them directly.