Comments on: How to Avoid the 30% Tax Withholding for Non-US Self Publishers https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/ Learn What it Takes to become a Sovereign Individual Tue, 22 Dec 2020 02:41:16 +0000 hourly 1 By: jenny https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-17123 Tue, 22 Dec 2020 02:41:16 +0000 https://thinkmaverick.com/?p=11289#comment-17123 In reply to Pedro.

Hi Pedro, yes, corporate tax and local tax.

]]> By: Pedro https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-17117 Mon, 21 Dec 2020 13:19:07 +0000 https://thinkmaverick.com/?p=11289#comment-17117 Hello. I’m thinking of doing what you did here to avoid the 30% tax, but I have a few questions. Do you pay taxes for the company you made in the US? Corporate taxes, local taxes, and such.

]]> By: jenny https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-15417 Sun, 25 Oct 2020 09:11:42 +0000 https://thinkmaverick.com/?p=11289#comment-15417 In reply to Mai.

Hi Mai, yes. You can do that.

]]> By: Mai https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-15378 Thu, 22 Oct 2020 12:54:51 +0000 https://thinkmaverick.com/?p=11289#comment-15378 Do you think setup a UK company can avoid paying 30% withholding tax? Since UK has tax treaty with US, it should be 0%, right?

]]> By: jenny https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-15374 Thu, 22 Oct 2020 02:35:13 +0000 https://thinkmaverick.com/?p=11289#comment-15374 In reply to Mai.

Hi Mai,

Yes, I think there’s no way to avoid paying tax to local government if you’re withdrawing salary from your US company.

]]> By: Mai https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-15372 Wed, 21 Oct 2020 08:53:52 +0000 https://thinkmaverick.com/?p=11289#comment-15372 I’m living in Vietnam, which doesn’t have tax treaty with US. If I setup a company in US via Stripe, does it mean I have to pay tax twice? One for the US company and the other for my country if I withdraw money from US to my country. Thanks.

]]> By: jenny https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-9197 Thu, 13 Jun 2019 13:47:17 +0000 https://thinkmaverick.com/?p=11289#comment-9197 In reply to jtit.

It depends on your country of residence.
If there’s a tax treaty between your country and US, you can apply for reduced (or zero) rate of US tax withholding. And you just have to pay tax to your country accordingly. Did I answer your question?

]]> By: jtit https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-9196 Thu, 13 Jun 2019 13:24:30 +0000 https://thinkmaverick.com/?p=11289#comment-9196 In reply to jenny.

Hi Jenny
How much percentage tax we need to pay yearly on revenue?

]]> By: jenny https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-8108 Fri, 08 Mar 2019 03:26:58 +0000 https://thinkmaverick.com/?p=11289#comment-8108 In reply to John.

Hi John,

No. Once you’ve setup C-Corporation in the US (that’s the only choice for foreign via Stripe Atlas), you’ll be given EIN number, which you can submit to Amazon and remove your tax withholding to 0%. With that said, you’ll need to file an annual return and pay tax based on your revenue. Does this answer your question?

]]> By: John https://thinkmaverick.com/avoid-the-30-tax-withholding-for-non-us-self-publishers/#comment-8107 Fri, 08 Mar 2019 02:38:25 +0000 https://thinkmaverick.com/?p=11289#comment-8107 Hi Jenny, are you setting up the US company as a single member LLC but then that is treated as sole proprietorship and it is required to provide the owner’s LIN instead of the LLC’s EIN for tax interview from Amazon. As Singapore doesn’t have Tax Treaties with US, that implies a 30% tax withholding which means setting up a company makes no difference? Please let me know if I get it wrong, thanks!

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