Forum Monetization Payments and Taxes

General discussion on monetization of games.

Payments and Taxes

Postby default0 » November 28th, 2010, 8:25 pm

Hey,

I never did something like that, so I am very uncertain about this: If I put micro-transactions in my game, do I have to pay taxes on them?

Would be nice to get a fast answer.

Best regards
Try to play my Game: -->BlackGalaxy<--
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Re: Payments and Taxes

Postby Benjaminsen » November 29th, 2010, 11:56 am

Hey,

Yes you will have to pay taxes on your earnings (Just like you have to do on all other income).
The specific rules varies based on where you live, so I suggest you talk to someone local about how it works.

/Chris
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Re: Payments and Taxes

Postby default0 » November 29th, 2010, 12:03 pm

Benjaminsen wrote:Hey,

Yes you will have to pay taxes on your earnings (Just like you have to do on all other income).
The specific rules varies based on where you live, so I suggest you talk to someone local about how it works.

/Chris


Okay, thanks for fast answer, I will do this :)

Best regards
Try to play my Game: -->BlackGalaxy<--
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