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Recent content by Asterion

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    AMA: I've made a mobile app (App Store & Google Play) with in-app purchases and it's anonymous

    Hi! Apple is not withholding, and neither is Google as far as I have analysed the payouts. If you want to do the same, watch out because Apple looks like they pay you at the end of the month or in the first days of the following, but they actually have an average delay of 33 days. Apple fiscal...
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    Zero tax option for software development with access to EMI

    Which would be different from capital gains, right? Also, Cyprus IP Box has only 2.5% corporate tax, and as a Cyprus resident non-dom, you pay 2.5% on dividends, I think?
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    AMA: I've made a mobile app (App Store & Google Play) with in-app purchases and it's anonymous

    Yes, the UBO of the company can be from anywhere else. Their identity must be disclosed when submitting tax information for the US, and the nominee payment person must show that they have the necessary power of attorney to submit that info on behalf of the UBO.
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    AMA: I've made a mobile app (App Store & Google Play) with in-app purchases and it's anonymous

    I have subscriptions only as in-app purchases, no ads or purchase of items, and judging from the greenlights I got, they are not subject. The way their W8BEN adapts to your situation is impressive and I think leaves little room for doubt. The person owning the Google Payments account used for...
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    AMA: I've made a mobile app (App Store & Google Play) with in-app purchases and it's anonymous

    I have consulted with both a US tax specialist and one in my local jurisdiction and there is no problem from the US. This said, Marzio had previously argued that according to Article 4 of the DTT that the free lunch you get fromt the US does not apply if you are only liable to tax sourced in...
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    AMA: I've made a mobile app (App Store & Google Play) with in-app purchases and it's anonymous

    How can you be the one asking me that? You're the master of it all! :p Doesn't it all come down to your interpretation of that passage of the US-[country of choice] tax treaty? Regarding the link: the guy doesn't specify whether he is a person or an organization on Google Play/App Store. Also...
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    AMA: I've made a mobile app (App Store & Google Play) with in-app purchases and it's anonymous

    Hello! I wouldn't want to overestimate my experience, but I thought about giving something back to this fantastic community. I have at last managed to publish a mobile app for iOS and Android through App Store and Google Play. The app has in-app purchases, which have already been paying...
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    Best EMI/digital bank for an app business? Wise, Mercury etc?

    Hello! as per the title. I remember creating a Wise account short after creating my SM US LLC, because Wise didn't even care about you having an EIN. I keep hearing funnies about them and I now have an EIN, so I wonder whether I should go with Mercury, or anybody else. I haven't started...
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    Dilemma - Paying tax for LLC income in the US or in the UK?

    Precisely, yes, UK TIN. I'm unlikely to get any revenue or in fact any financial activity before the end of the LLC's first year (which ends at the end of January). So I should have time to rectify after that deadline.
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    Dilemma - Paying tax for LLC income in the US or in the UK?

    Hats off to you Marzio, as always. In the meantime, my more immediate question (the one of the topic) got an answer. It's too late for my timeframes to go for an ITIN. I'll have to claim 0% withholding for now and then change. Does anyone see any problem with that? Many thanks as usual, to anyone.
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    Dilemma - Paying tax for LLC income in the US or in the UK?

    All to be seen. I guess the important requirements are max 20% taxation for eveything and basic anonimity (i.e. from the public eye, not authorities) for the App venture. But time is running out, I think I might start with 0% US withdrawal (because that doesn't require me to get a US ITIN to put...
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    Dilemma - Paying tax for LLC income in the US or in the UK?

    Cyprus or Portugal. Essentially, somewhere in Europe that doesn't require me to stay there too much (I won't be staying in other country for more than 5 months a year anyway) and that won't ask for more than 20% tax between corporate and personal tax.
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    Dilemma - Paying tax for LLC income in the US or in the UK?

    Hello, Setup: I'm a non-dom tax resident in the UK who will soonish (Q1 2023?) start to sell an app product on App Store and Google Play using a single member Wyoming LLC. I thought I could avoid US tax simply because I am a Non-Resident Alien to the US and the SM LLC is a disregarded entity. I...
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    Hello! Can you procure the EIN number for an NRA with an already created single member WY LLC? I...

    Hello! Can you procure the EIN number for an NRA with an already created single member WY LLC? I have the SS4 already filled in, although it may not be 100% correct.