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Messages - Glynn Stewart

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1
Writers' Cafe / Re: KU Payout
« on: May 16, 2018, 06:53:45 AM »
Rates by country. (Note I didn't have data for Japan last month, hence the zero change there. The lack of change in Germany is correct)

1.5% up across the board, a little less than what we would expect from the shorter month.

Looking at some of the comments above, the pattern last year was a small fall in May and a sharp fall in June. What I find interesting, though I hesitate to draw conclusions, is that this year's April rate is only 0.3% off from last year's rate of 0.0045742

Store         Currency   Rate   Change from Prior
Amazon.com      USD          0.0045612    1.5%
Amazon.co.uk      GBP          0.0034982    1.5%
Amazon.de      EUR          0.0030660    0.0%
Amazon.fr      EUR          0.0045291    1.5%
Amazon.co.jp      JPY          0.5653141    0.0%
Amazon.ca      CAD          0.0044849    1.5%
Amazon.it      EUR          0.0045291    1.5%
Amazon.es      EUR          0.0045291    1.5%
Amazon.in      INR          0.0887199    1.5%
Amazon.com.au   AUD          0.0039173    1.5%
Amazon.com.br   BRL          0.0110315    1.5%
Amazon.com.mx   MXN          0.0759098    1.5%

2
Writers' Cafe / Re: April KENPC Rates by Country
« on: April 20, 2018, 04:25:47 PM »
Are those numbers for April or March? I'm confused, as usual. How would we know what April's payout is before the end of the month?

March.  I goofed. I blame sand flea bites ;)

(for all that is holy, if you go to sleep on a beach in Mexico, USE BUG SPRAY)

3
Writers' Cafe / March KENPC Rates by Country
« on: April 20, 2018, 08:31:51 AM »
Sorry folks, I was in Mexico for the last week and the resort was lacking in a secured internet connection. Can't find the usual monthly thread for KU rates, but here's my breakdown by country:

(note that I didn't have data this month for Japan or last month for Mexico)

Store   Currency   Rate   Change from Prior
Amazon.com      USD    0.0044927    -3.6%
Amazon.co.uk      GBP    0.0034456    -3.6%
Amazon.de      EUR    0.0030660    -3.6%
Amazon.fr      EUR    0.0044611    -3.6%
Amazon.ca      CAD    0.0044176    -3.6%
Amazon.it      EUR    0.0044611    -3.6%
Amazon.es      EUR    0.0044611    -3.6%
Amazon.in      INR    0.0873882    -3.6%
Amazon.com.au   AUD    0.0038585    -3.6%
Amazon.com.br   BRL    0.0108659    -3.6%
Amazon.com.mx   MXN    0.0747704       

4
Writers' Cafe / February 2018 - Headline KENPC Rate 0.0046601USD
« on: March 15, 2018, 11:30:42 AM »
4% increase across the board, about what I expected after a sharper than usual January drop.

Store         Currency   Rate   Change from Prior
Amazon.com      USD    0.0046601    4.0%
Amazon.co.uk      GBP    0.0035740    4.0%
Amazon.de      EUR    0.0031802    4.0%
Amazon.fr      EUR    0.0046273    4.0%
Amazon.co.jp      JPY    0.5775726    4.0%
Amazon.ca      CAD    0.0045821    4.0%
Amazon.it      EUR    0.0046273    4.0%
Amazon.es      EUR    0.0046273    4.0%
Amazon.in      INR    0.0906437    4.0%
Amazon.com.au   AUD    0.0040023    4.0%
Amazon.com.br   BRL    0.0112707    4.0%

5
That's fascinating.  Just checking my own most recent e-book purchase, GST/HST is showing as $0.00.

No wonder the CRA is confused!   :P

6
THIS!  A thousand times this.  Getting a tax expert and going over the situation with them is far more likely to help resolve your situation than taking the advice of folks on the internet.

(Also, I don't know about WHDean, but I actually have a legal obligation to say that I am not giving advice and I strongly suggest you speak to a specialist whenever I touch on accounting matters. Advice requires me to see a LOT more data and, frankly, would involve me charging for my time. Actual tax experts cost less than what it would take to get me to go over your taxes for you ;))

Let me add for the umpteenth time that I'm not giving anyone tax advice. I'm advising them to talk to a tax expert who's been given a copy of Amazon's TOS because the claims made about paying sales tax make no sense.

What I personally might or might not do aside, I see no reason why people would not report income from Amazon in Line 104 Royalties:

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-104-other-employment-income/line-104-royalties.html

Amazon's TOS specify that you are receiving "royalties" (TOS 5.4) and that Amazon assumes responsibility for all applicable sales taxes (TOS 5.4.8 ).


7
I wasn't going to wade in on this, but since my name is all over this thread with certain unpleasantness implied about my knowledge base, I guess I may as well.

Firstly, I am a Chartered Professional Accountant for the person who was suggesting I should get notes from their Chartered Accountant. The information I have provided here is inevitably high level and incomplete as anyone's own personal situation is complex. For tax and accounting situations, it is always better to find and engage a local CPA (I'm not, in fact, aware of any plain 'Chartered Accountants' left in Canada as that designation is now legally invalid) who is fully aware of their situation.
(I am also, relatively obviously I suspect to anyone who googles me, no longer working as an accountant so some of my information may be out of date now)

My suggestion to the OP boils down to "find a CPA." If you're having complexities with the CRA and the dollars involved are significant, you want the best taxation advice possible.

The general information provided in this thread is correct in that that Amazon is the sales agent and is responsible for submitting GST/PST/HST. You have no obligation to submit GST as you are not receiving sales.

However.

There is a recurring dispute between Amazon and CRA as to whether they need to remit GST/PST/HST on ebooks. If you look at an e-book on .ca, for example, you will see that it does not have GST broken out as part of the price. Amazon is not currently collecting GST on kindle, even though it is contractually and legally their obligation.

This should not fall back on us. As others have stated, we are receiving a royalty. Except that whether what we receive from Amazon actually counts as a royalty from a tax perspective is actually in some question, a question that has not yet been resolved.

For the vast majority of authors, your Amazon.ca sales are likely small enough that it is simply not worth it to fight the CRA. If they want 5% of your Canadian sales, just give it to them. It's cheaper than engaging the Big Four to go over your tax form and fight CRA for you.

What they are asking for in this case, however, is unreasonable as there is no way Amazon will give you that data.

I would recommend digging up the tax forms Amazon sends you that state you were paid in the USA for your Amazon.ca sales and having your accountant take that to CRA as proof of non-resident income.


For those who think this is a scam because CRA has no reason to contact you...sorry, no such luck. You can always call CRA back at the main line to verify the situation, but this is a recurring problem Canadian authors are having with our tax man. I have yet to see one of these cases where it reads like CRA is correct per the Income Tax Act, but unless challenged CRA's interpretation of the Act is considered final.

8
Writers' Cafe / Re: KENPC Rate 0.0044795
« on: February 15, 2018, 01:27:48 PM »
Is it common for February to drop below that?

Last year February was about a 4.5% bounceback.

I don't have data for the year before. Past performance is no guarantee of future results.

I figure we'll see it creep up a percent or two next month, but nothing to really write home about.

9
Writers' Cafe / KENPC Rate 0.0044795
« on: February 15, 2018, 12:22:48 PM »
11.4% decrease across the board, the expected January crash.  (Last January, for comparison, was a 9.3% decrease)

Store   Currency   Rate   Change from Prior
Amazon.com   USD    0.0044795    -11.5%
Amazon.co.uk   GBP    0.0034355    -11.5%
Amazon.de   EUR    0.0030570    -11.5%
Amazon.fr   EUR    0.0044480    -11.5%
Amazon.co.jp   JPY    0.5551911    -11.5%
Amazon.ca   CAD    0.0044046    -11.5%
Amazon.it   EUR    0.0044480    -11.5%
Amazon.es   EUR    0.0044480    -11.5%
Amazon.in   INR    0.0871312    -11.5%
Amazon.com.au   AUD    0.0038472    -11.5%
Amazon.com.br   BRL    0.0108339    -11.5%

10
Writers' Cafe / Re: 0.00506 per KENP in December
« on: January 15, 2018, 11:21:24 AM »
Looks like a 9.4% increase across the board. As others have already noted, though, it'll almost certainly go down in January.
StoreCurrencyRateChange from Prior
Amazon.com      USD    0.0050639    9.4%
Amazon.co.uk      GBP    0.0038838    9.4%
Amazon.de      EUR    0.0034558    9.4%
Amazon.fr      EUR    0.0050283    9.4%
Amazon.co.jp      JPY    0.6276295    9.4%
Amazon.ca      CAD    0.0049792    9.4%
Amazon.it      EUR    0.0050283    9.4%
Amazon.es      EUR    0.0050283    9.4%
Amazon.in      INR    0.0984996    9.4%
Amazon.com.au   AUD    0.0043492    9.4%
Amazon.com.br   BRL    0.0122475    9.4%
Amazon.com.mx   MXN    0.0842775    9.4%

11
Writers' Cafe / Re: November KENP payment $0.004629 in US
« on: December 15, 2017, 11:22:42 AM »
Rate by country. Up 1.5% across the board. I'd guess we'll see it edge up around 1-2% in December and take a 4-5% cut in January, sliding down to bounce off about $.004 at some point later in the year.

StoreCurrency   RateChange from Prior
Amazon.com   USD    0.0046288    1.5%
Amazon.co.uk   GBP    0.0035500    1.5%
Amazon.de   EUR    0.0031588    1.5%
Amazon.fr   EUR    0.0045962    1.5%
Amazon.co.jp   JPY    0.5736929    1.5%
Amazon.ca   CAD    0.0045513    1.5%
Amazon.it   EUR    0.0045962    1.5%
Amazon.es   EUR    0.0045962    1.5%
Amazon.in   INR    0.0900348    1.5%
Amazon.com.au   AUD    0.0039754    1.5%
Amazon.com.br   BRL    0.0111950    1.5%
Amazon.com.mx   MXN    0.0770349    1.5%

12
Writers' Cafe / Re: October KU rate
« on: November 15, 2017, 11:47:43 AM »

As usual, the rate went down, now the rate goes up. In currency trading parlance, it almost looks like Amazon is testing the resistance zones of how low it can go.

StoreCurrencyRateChange from Prior
Amazon.comUSD    0.0045601    3.0%
Amazon.co.ukGBP    0.0034973    3.0%
Amazon.deEUR    0.0031120    3.0%
Amazon.fr   EUR    0.0045280    3.0%
Amazon.co.jp   JPY    0.5651823    3.0%
Amazon.ca   CAD    0.0044838    3.0%
Amazon.it   EUR    0.0045280    3.0%
Amazon.es   EUR    0.0045280    3.0%
Amazon.in   INR    0.0886992    3.0%
Amazon.com.au   AUD    0.0039164    3.0%
Amazon.com.br   BRL    0.0110289    3.0%
Amazon.com.mx   MXN    0.0758921    8.0%

13
Hi there, I'm hoping there's some other Canadian self-publishers out there who can help me with a couple of the more obscure parts of the KDP Tax information process.  I am publishing through my own incorporated company (100% owned by me) in Ontario and I totally operate within Canada.  There are two things I'm confused about:

1. Limitation on Benefit: What do I select for this? I'm guessing it's "Company that meets the ownership and base erosion test" since the company's 100% owned by me, but all the legalese out there makes me less than sure about my answer.  Any help here would be welcome!

2. Foreign TIN: Since I am doing this as a corporation, do I enter my Canada Revenue Business Number here?

Many thanks in advance!

It's been a while since I filled this out for our corp so I'm not 100% certain on your first question.

On your second question, you are correct that you should use your CRA BN as your foreign tax ID number.

14
If anyone has been having problems booking Jeff of late, feel free to blame us :D

Two new covers from him:

One is a recover of one of my early fantasies, City in the Sky:


The other is the cover of my newest space fantasy novel, Interstellar Mage:

15
Writers' Cafe / Re: August KU Rate: $0.00419
« on: September 15, 2017, 09:58:23 AM »
Rate by country as usual:

Store   Currency   Rate   Change from Prior
Amazon.com   USD    0.0041934    3.9%
Amazon.co.uk   GBP    0.0032161    3.9%
Amazon.de   EUR    0.0028617    3.9%
Amazon.fr   EUR    0.0041639    3.9%
Amazon.co.jp   JPY    0.5197279    3.9%
Amazon.ca   CAD    0.0041232    3.9%
Amazon.it   EUR    0.0041639    3.9%
Amazon.es   EUR    0.0041639    3.9%
Amazon.in   INR    0.0815656    3.9%
Amazon.com.au   AUD    0.0036015    3.9%
Amazon.com.br   BRL    0.0101419    3.9%
Amazon.com.mx   MXN    0.0702803    0.0%

(Note that I didn't have a .mx number for July).

July top-line rate was .00403, so this is a small uptick.

16
Writers' Cafe / Re: Canadian authors: How do you handle GST with Amazon?
« on: September 12, 2017, 02:47:54 PM »
I just looked at my last order on the .ca site, and sure enough, they collected GST from me.

Amazon charges GST/HST/PST on physical merchandise. Not on ebooks.

This should be a fight between them and the CRA, not one involving us, but it's one I have heard of them involving authors in.

Quote from: bizmuth
Just to clarify, though, this isn't about the GST collected on book sales. Amazon takes care of that. This is about the position of the CRA that the royalties I'm getting from Amazon are in effect me charging  for a product or service, and that I should be "charging" Amazon 5% GST on those royalty amounts. Even if most of the actual book sales are to fer'ners.

That...that is an epic fustercluck of epic proportions that I really hope they don't throw in my direction.

As you said in your later post, however, the US tax forms you fill out with Amazon should be pretty solid proof that is not the case.  Good luck!

17
Writers' Cafe / Re: Canadian authors: How do you handle GST with Amazon?
« on: September 12, 2017, 12:38:06 PM »
What Notjohn said. Canadian authors do not have to worry about GST. The retailer collects taxes and is responsible for reporting them to the appropriate agency, including CRA. For your accountant to suggest otherwise is... well... (word deleted to avoid looking like a beotch). Being an accountant, you'd think he would understand the differences, though.

Your responsibility as a self pubbed author is to simply report your earnings, that means what you receive, to CRA at tax time. Now, should you sell off your own website, THEN you'd collect GST yourself, and report that. Otherwise, leave it to the vendors to take care of that aspect for you.

The problem is that Amazon.ca does not collect GST on our behalf.

You are correct that, as the retailer and our sales agent, the responsibility lies on Amazon to do so, but they do not. (In Theory(tm), any purchaser of e-books in Canada is legally obligated to report and remit their own GST on them. Not going to happen and no one is expecting it to).

Since Amazon.ca does not do this, the CRA has been known to come back to Canadian authors asking for the GST. From their perspective, sadly, OP's accountant is correct - the funds we receive from Amazon.ca are to be treated as GST-inclusive, requiring us to remit a percentage to the CRA.

IF you are making enough Canadian sales to be required to collect and remit GST.  That threshold is approximately $30,000 / year (all sales made in Canada, paperbacks, cons, etc, etc, included) at which point you need to get a GST number and may be on the hook for the GST on your .ca sales.

As in any situation regarding taxes, you are always best off talking to the professional who knows your exact situation. The above is generally correct given the current set up Amazon.ca is using, but your own tax situation is always unique.

18
Writers' Cafe / Re: Pronoun, pros and cons, current experiences
« on: September 03, 2017, 07:23:17 PM »
I opened an account, started reading, and stopped right after the bit where it says 41% royalties for international sales. That's, like, 75% of my income. Thank you, NOT interested. *closes tab*

What Patty said. This was the deal-breaker for me - I'm not quite at 75% of my income, but cutting my international royalties by roughly 40% would be a painful cut to make.

I'd be better off hiring someone to do direct uploads everywhere. It would work out in my favor :D

19
Writers' Cafe / Re: July KENP is 0.00403472
« on: August 15, 2017, 12:59:49 PM »
Rate by currency:

(note, I have no Mexican KU borrows for July, so I don't have that rate)

Store   Currency   Rate   Change from Prior
Amazon.com   USD    0.0040347    -4.5%
Amazon.co.uk   GBP    0.0030944    -4.5%
Amazon.de   EUR    0.0027535    -4.5%
Amazon.fr   EUR    0.0040063    -4.5%
Amazon.co.jp   JPY    0.5000675    -4.5%
Amazon.ca   CAD    0.0039672    -4.5%
Amazon.it   EUR    0.0040064    -4.5%
Amazon.es   EUR    0.0040064    -4.5%
Amazon.in   INR    0.0784801    -4.5%
Amazon.com.au   AUD    0.0034652    -4.5%
Amazon.com.br   BRL    0.0097583    -4.5%

20
Writers' Cafe / Re: KENPC 0.0042229 for June
« on: July 14, 2017, 01:27:33 PM »
This is what the trend looks like since Jan 2016 (was easiest to exclude 2015), with peaks and valleys labelled with their max and min.

This isn't, quite, the lowest it's ever been but it's working on it.


21
Writers' Cafe / KENPC 0.0042229 for June
« on: July 14, 2017, 11:37:12 AM »
Another 2.7% down after last month's five percent hit.

Store   Currency   RateChange from Prior
Amazon.com   USD   0.0042229 -2.7%
Amazon.co.uk   GBP   0.0032387 0.0%
Amazon.de   EUR   0.0028819 -2.7%
Amazon.fr   EUR   0.0041932 -2.7%
Amazon.co.jp   JPY   0.5233897 -2.7%
Amazon.ca   CAD   0.0041523 -2.7%
Amazon.it   EUR   0.0041932 -2.7%
Amazon.es   EUR   0.0041932 -2.7%
Amazon.in   INR   0.0821403 -2.7%
Amazon.com.au   AUD   0.0036268 -2.7%
Amazon.com.br   BRL   0.0102134 -2.7%
Amazon.com.mx   MXN   0.0702803 -2.7%

We've gone from steadily acceptable (in the high .4s, IMO) to a steady slide and I'm not going to pretend I'm not concerned. Not pulling the trigger on exit plans yet, but starting to make them with rather shorter execution timelines.

22
Writers' Cafe / Re: The Canadian Authors Support Thread
« on: July 01, 2017, 08:12:28 AM »
Happy Canada Day!

I'm working on my new book :D

23
Writers' Cafe / Re: Anyone has confidence issues?
« on: June 29, 2017, 06:21:56 AM »
Yep. Pretty much the same boat, pretty much the same coping mechanism  :P

No real useful suggestions, just commiseration!

24
Writers' Cafe / Re: Tantor and Podium are they worth it?
« on: June 02, 2017, 05:02:32 AM »
Can you clarify what you said. Am i reading this correctly. You are suggesting that i would do better going through ACX ( who are now open in USA, UK, Canada and Ireland) by either doing upfront or royalty split THAN going with tantor or podium?

By the looks of it, if i did a royalty split with a ACX producer, I would get 20% of the 40% which is more than what i would get from tantor or podium. I think.

Exactly.  With Podium or Tantor you're getting 10-15% of the gross.

OTOH I've been told that a lot of the good narrators won't do royalties split and funding the production up front can be pricey.

(My biggest remaining reason for not doing ACX on projects not under ROFR is that I don't want to do quality control!)

25
Writers' Cafe / Re: Tantor and Podium are they worth it?
« on: May 25, 2017, 06:03:14 AM »
ACX only allow writers from US and UK to use their service. Is it possible to launch and sell your ebook as an audiobook in Amazon if you are outside US and UK?

And in the vein, is it possible to get a Podium and Tantor deal if outside US and UK?

I'm in Canada and work with both Podium and Tantor.

Most of what I would say has been said by C. Gockel above. Both companies are good to work with and produce a quality product, but it's hard to compare their contracts as they're offering percentages of different things.

I've heard a few people say they've had bad experiences with Podium in negotiation in the past, but all of those appear to be well in the past and Victoria, their author liaison person, is an absolute delight to work with.

I could almost certainly do better going through ACX. However, ACX isn't available to me and, well, I actually really don't like listening to audiobooks :D  So this option has worked out quite nicely for me.

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