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Be careful of this, due to Apple’s current policies, each refund costs the developer money beyond the money they receive. Apple keeps the 30% commission on the
by DLWormwood 16y ago
Be careful of this, due to Apple’s current policies, each refund costs the developer money beyond the money they receive. Apple keeps the 30% commission on the sale, and bills the developer the full purchase price. (I’m not sure how the IRS W-9 cut is handled; that’s about 28% in the U.S. It would suck if the IRS keeps that cut until tax time.)
- drewcrawford 16y agoThere's no W-9, you are not an Apple employee. You're an independent contractor / company. Normatively the IRS only witholds taxes on employee pay.
- gte910h 16y agoYour comment has nothing to do with the policy's of apple. They keep the 30% of the cost and take the 100% out of revenue.
- drewcrawford 16y agoIt has everything to do with the comment I was replying to. Specifically the part quoted below: > (I’m not sure how the IRS W-9 cut is handled; that’s about 28% in the U.S. It would suck if the IRS keeps that cut until tax time.)
- gte910h 16y agoI have no idea why this comment is here....total accident, think I was shooting at something else.
- DLWormwood 16y agoYou’re thinking of a W-2. The W-9 is what some U.S. companies (like Apple) have to create for bookkeeping purposes, when the government suspects the payment mechanism could be used to evade taxation. Since my company is a sole proprietorship without a payroll department, I wasn’t exempt from the W-9 deduction, so I needed to fill one out when I applied as a developer.
- xsmasher 16y agoDo you know of an instance of this actually happening? I know about the scary clause, but I've never heard of it actually being applied. It's become something of an urban legend.
- loewenskind 16y agoYou state this as though it's a fact, so I assume you have some citation of it, you know, actually happening to someone?