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Old 02-15-2014, 11:51 PM   #14
mrmarlowe
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mrmarlowe began at the beginning.
 
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Join Date: Feb 2014
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Quote:
Originally Posted by VydorScope View Post
Not in the US. There is an advantage to not selling well as there is a lower limit on what you have to report and pay taxes on. $10 is well below that. As always - see your tax professional and not some random dude on the net.
Same in India. We have what we call 'tax ceilings'. Right now I am too poor to even get noticed by the tax guy haha. I got royalty only twice from Amazon and each time the money was just enough to buy me a plate of chow in a cheap hotel. But I am holding on.

Last edited by mrmarlowe; 02-15-2014 at 11:55 PM.
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