#Amazon, US #Tax and #Australian Citizens

Thanks for this information Meeka 😀

Meeka's Mind

meeka thumbs upAnything sold on Amazon – including self-published books – is subject to a 33% withholding tax.

This is a tax that Amazon must take out of the sale before you get your share.

This tax is applicable across the board and non-US citizens are not exempt.

Unless………..:

  • their country of origin has a trade treaty with the US
  • and they apply for an exemption under that trade treaty

As an Australian citizen, I am lucky enough to meet the ‘trade treaty’ criterion but until today, I did not apply for the exemption because:

  • I was not making enough money for it to matter, and
  • the process was just TOO HARD

I’m not sure what changed, or when exactly, but suddenly the process of applying for an exemption is so easy I’m still pinching myself in case I’m dreaming.

So what’s needed?

  1. Your country of origin must have a trade…

View original post 265 more words

DON'T BE SHY - LEAVE A REPLY

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.