Microstock Footage Forum > General - Stock Video

videohive strange royalties, look at that!!!

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madman:
you right but there have no description while set up price on upload page for author fee and extra taxes except small amount of buyer fee, right?

I m from somewhere on europe, is it affect earnings?

SpaceStockFootage:
Might reduce your withholding tax. Have you already filled in your W8 in the tax settings?

madman:
yes, I already submitted and approved tax form, I wonder, what is your current tax witholding fee? is mine so much?

it says on help page that
"Accordingly, if you are a non-U.S. person, your sales to US buyers may be subject to royalty withholding tax of up to 30%."

30% tax is so much fee, isnt it?

flywing:

--- Quote from: madman on August 09, 2018, 15:24 ---30% tax is so much fee, isnt it?

--- End quote ---

Yeah, mine is 5%.

"Different countries have different tax withholding rates for royalty payments."

https://submit.shutterstock.com/legal/taxes/treaty_countries

madman:

--- Quote from: flywing on August 09, 2018, 16:18 ---
--- Quote from: madman on August 09, 2018, 15:24 ---30% tax is so much fee, isnt it?

--- End quote ---

Yeah, mine is 5%.

"Different countries have different tax withholding rates for royalty payments."

https://submit.shutterstock.com/legal/taxes/treaty_countries

--- End quote ---


this is very nice point, according to the list on the link you give, I have to pay 10% tax. why does videohive cut taxes by 30%?

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