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Messages - LP_Stock

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1
Clear, thanks guys

2
General - Stock Video / Using a stock photo as a backdrop
« on: May 13, 2018, 07:33 »
So I've been wondering about this question for some time

Can i buy a stock picture on say Shutterstock and use it as a background element in a video that i would later submit back to shutterstock?
I can imagine such usage could be abused so to clarify, I create 3d animated videos, so my 3d animated content would be the main subject, the licensed image would be in the background.

Any insights?


3

I'm from the Netherlands as well, so perhaps I can chime in.
As others have stated, your accountant doesn't need to know every single buyer or their country of origin. That's only relevant when you're selling directly to clients, in which case VAT rules would apply. However, when you're selling through an agency, that's not your responsibility. All that matters if that you keep track of all payouts you have received, and give that total revenue number to your accountant.

I asked my accountant once, and I didn't even need to supply my Paypal transaction sheet, only the total revenue. If you're accountant keeps bugging you about it, you should find another one.

Thanks Colin! I've worked with this guy for almost 10 years and have been very satisfied with the job he's doing, but yes it's time he let's this go.
Sent him an email explaining it once more (the input from this thread helped me there), let's see...

4
Right, of course this depends on where you are from. I'm from Holland (so i filed W8-BEN forms with the US agencies). Ill look into it more, and yes, i should also read those dreaded license agreements. Thanks!

5
Thanks a lot for your replies, surely helps!

Makes me wonder though, does he even need sales sheets from every stock agency or should a simple paypal transaction sheet suffice?

What do you supply to your bookkeepers?

6
Hello, a Microstock group newbie here (although i've been selling stock animation for the past 4 years).

So i have a question regarding stock sales bookkeeping that my bookkeeper keeps on bugging me about.
He says he needs to know the country of origin for each buyer of an individual clip. I'm pretty sure he doesn't need this information,
and luckily most sites don't even provide it (except for getty as far as i know). But im having some trouble getting him to accept this since i
cannot explain him how this construction works. I don't get much further than saying that the stock agencies (all US based) are the only
relevant legal/financial entity we have to deal with.

Is there anybody here that can explain to me in somewhat legal terms why this information is not required for running a proper microstock bookkeeping?

Any help is much appreciated!

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