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Does Apple not allow businesses from your country to sign up? No one should create any sort of nexus with the US without understanding the implications. You n
by foobarbazetc 8y ago
Does Apple not allow businesses from your country to sign up?
No one should create any sort of nexus with the US without understanding the implications.
You need to talk to an accountant who understands your country’s tax law and US tax law. Usually that’s like 2-3 people in the whole country.
- keplerrocks 8y agoWe are from Argentina, the constant fluctuation of the country economical stability makes it really difficult to establish the business here. They force you to charge in local money and you can really loose a lot of money since the peso is currently sinking.
- anoncoward111 8y agoMy gut instinct here is to say you owe 0% taxes. If you don't have an SS number or a TIN (taxpayer identification number), there's no way for you to even file taxes. If your share of profit is less than $10,600 USD, then you owe 0% taxes anyway because of the standard deduction. Good luck in Argentina my friend! It is really so sad that the peso is being pressured like this.
- deleted 8y ago[deleted]
- keplerrocks 8y agoYes, Argentina is in a really awful spot since we owe a lot of money to everyone and the economy is in resession. It is really sad to see happen again and again. I didn't know about the standard deduction, I'll look into it. Thanks
- anoncoward111 8y agoIt's my pleasure to help, friend! The world financial authorities have been very unfair to Argentina, I think, regardless of the debt situation. Yes, definitely check out the standard deduction. In your case it will probably save you a lot of money. Here's how a typical US tax return looks: W2 worker non married: ~15% tax rate federal (first 10k is tax free) ~6% tax rate state (some states do not tax) ~7.5% payroll tax (15% if you are a 1099 contractor, not w2) So you can see that it's typical to pay less than 30%. Even if you make $110,000 per year, your rate will be about 30%. Only if you are an athlete or insanely senior programmer will you pay 40-50%. But, since you do not physically live here or work here (like for example a bartender), I think you will be ok.