The GPU company that provided the GPU to render the assets also deserves a cut, don't you think?
this post was submitted on 16 Sep 2023
703 points (97.6% liked)
Memes
8527 readers
1990 users here now
Post memes here.
A meme is an idea, behavior, or style that spreads by means of imitation from person to person within a culture and often carries symbolic meaning representing a particular phenomenon or theme.
An Internet meme or meme, is a cultural item that is spread via the Internet, often through social media platforms. The name is by the concept of memes proposed by Richard Dawkins in 1972. Internet memes can take various forms, such as images, videos, GIFs, and various other viral sensations.
- Wait at least 2 months before reposting
- No explicitly political content (about political figures, political events, elections and so on), [email protected] can be better place for that
- Use NSFW marking accordingly
Laittakaa meemejä tänne.
- Odota ainakin 2 kuukautta ennen meemin postaamista uudelleen
- Ei selkeän poliittista sisältöä (poliitikoista, poliittisista tapahtumista, vaaleista jne) parempi paikka esim. [email protected]
- Merkitse K18-sisältö tarpeen mukaan
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Depending on the ownership of the product it may be classified as personal income not business income so there would be local taxes plus an extra tax because it is foreign income.
What country tax interaction has 45%
Most. Certainly the USA... Add up all personal taxes paid for income from city to county to state to federal. Don't forget to add FICA - Medicare, social security (and the self employed additional amount), and any extras that may apply.
Quick math... A developer in CA bringing in 250k/yr (gross) is hitting the 35% fed bracket. Total effective tax just to the fed is almost 23%. State tax same shit effective tax rate is about 8%. City tax may apply, adding 1% or so. OASDI is 6.2%. Medicare adds 1.45%. But self employed so double those. And oops, you make too much so 0.9% Medicare additional tax..... Add all that and it's over 46%.
There's a roughly $100,000 deduction for nonresident personal income tax and depending on the country, they can also subtract taxes paid on that money in their home country.
I'd hazard a guess anyone making more than insignificant money through app sales would have already formed some sort of legal entity to assign legal and tax liability to.
You would hope.