US tax, ‘foreign entities’, indie publishing and ouch ooch eech

US tax piggy

This week I learnt that the Australian treaty with the US is not as good as the UK’s, Canada’s or Ireland’s. And no doubt not as good as treaties held by a whole bunch of other countries. If you’re an Australian citizen, like me, the best you can hope for when publishing and selling in the US as a ‘foreign entity’ (actually, I quite like that term, spooky and MiB) is a five per cent US tax on your earnings. Everybody else seems to be getting zero per cent. These are the kind of no...