Money in your pocket from Steam sales
Hi All
Does anybody know if you need to pay US tax on games sold on steam?
Meaning, does the IRS take a cut of the profits. Been reading the FAQ on steam and saw they take between 0% and 30% depending on variables, like the country you are from.
Was wondering how that affects devs in ZA.
If they do take 30% and Steam takes their cut, what is the dev left with? Sounds really steep.
Thanks
Does anybody know if you need to pay US tax on games sold on steam?
Meaning, does the IRS take a cut of the profits. Been reading the FAQ on steam and saw they take between 0% and 30% depending on variables, like the country you are from.
Was wondering how that affects devs in ZA.
If they do take 30% and Steam takes their cut, what is the dev left with? Sounds really steep.
Thanks
Comments
Steam & Tax Laws
Thank you Francoisvn for your reply as well.
Guess we just need to make sure our games are good and we sell HUGE amounts of copies then. :)