More from Payments & Royalties
- What are promo credits?
- What are Revenue Splits?
- How Do I Use an iMusician Promo Code?
- How Can I Manage My Orders and Invoices?
- How Can I Pay My iMusician Release?
- What is the Difference Between Trends and Sales?
- How to Check My Sales Reports?
- Should I Declare My Earnings for Taxes?
- When do I see my sales?
- How Can I Request a Payout?
- How Much Can I Earn With My Release?
Search
Can’t quite find what you are looking for? Try searching for a solution instead.
Back to Support EN
Should I Declare My Earnings for Taxes?
Yes, any sales income needs to be declared as income. Tax rules are different in every country, so we recommend that you consult your accountant or a dedicated advisor for further information.
Please note:
- Your sales income is taxed subject to Swiss VAT law. If you have a Swiss VAT number please send us an invoice (including your VAT No.) for your sales income and add 8,1% VAT.
- You will have to report the sales income in your VAT statement in your respective country as a tax-exempt service provided abroad (for example, in the German input tax return form, this would have to be entered under no. 45 - "other tax-exempt turnover").
Couldn’t find an answer?
Get more answers from other independent artists and our team of experts.