To collect money from sales you need to be a company or a single person who act as it. There are taxes for companies and people acting as such (amount of sales didn’t justify the tax spending as company).
(Had to look for AI on this, sorry: I am not an accountant)
for the US:
Yearly franchise tax( California: 800$ min per LLC).
Annual report fees (50-300$ per state (Delaware 300$ // New York 9$).
…and also there’s a percentage of the income (if it’s not exactly zero, I guess)
…then, if you’re not an accountant, and don’t want to mess with taxes, you may want to pay someone (an accountant) that make sure your reports are correct (even if they are 0)
A shame that GamingOnLinux only links to Steam when some of their games are available DRM-free on GOG – pretty goddamn relevant when the games are set to be delisted in like 10 days.
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Why are they being delisted? Is that a requirement when a studio closes?
To collect money from sales you need to be a company or a single person who act as it. There are taxes for companies and people acting as such (amount of sales didn’t justify the tax spending as company).
Would the tax not be a percentage of income?
(Had to look for AI on this, sorry: I am not an accountant)
for the US: Yearly franchise tax( California: 800$ min per LLC).
Annual report fees (50-300$ per state (Delaware 300$ // New York 9$).
…and also there’s a percentage of the income (if it’s not exactly zero, I guess)
…then, if you’re not an accountant, and don’t want to mess with taxes, you may want to pay someone (an accountant) that make sure your reports are correct (even if they are 0)
In a tweet from the studio account, they also said:
If I had to guess, maybe they don’t fully own the rights to their own games?
The developers’ page on GOG.
A shame that GamingOnLinux only links to Steam when some of their games are available DRM-free on GOG – pretty goddamn relevant when the games are set to be delisted in like 10 days.
Might be time to finally pick up Alt-Frequencies. I’ve had it on my wishlist for ages.