As we all know, there is no avoiding taxes. That truth is applicable to selling goods in any other country of the world. Each country wants its share of any profits made, no matter the source and will withhold its share. Usually, as a nonresident, you can get the taxes back but there are procedures to follow and those procedures vary from country to country.
When you sell foreign rights to your book, expect to encounter tax issues. Is it the job of your book agent to deal with the taxes? No. It is your job as the publisher to handle the reimbursement of the taxes.
Who can help you? - the publisher to whom you sold your book rights. Have them contact their country's tax department to request the necessary paperwork.
Denise
www.inktreemarketing.com
No comments:
Post a Comment