On Oct 1, 12:42 am, niksbin <[EMAIL PROTECTED]> wrote:
> - Selling your applications via Google's 'Android Market'
> Marketplace
> (it's worth a try; remember a
> $5.00 app with just 1,000 users makes you $5,000, etc.)
>
The forumula is a bit more complex than that, particularly if you
reside in a different country to the store you are selling in. You
may need to pay tax on your earnings in the country you earnt the
money and your country of residence - look into double taxation
agreements.
You also need to consider how you will be paid the money and if your
bank will charge you fees. For example some content stores will
automatically send you a cheque once you have earnt over $100 but I
have seen bank fees of over $40 for cashing a foreign cheque so you
could potentially lose 40% of your earnings to bank fees if you are
with the wrong bank.
If you are thinking of selling in the Android Market my advice is to
check into double taxation (i.e. W-8BEN form) and get a US currency
bank account with low fees. It can take months to get the taxation
exemption paper work sorted out so now is the time to look into it.
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