Again: If I Sell A Script To Hollywood ¿where F*$k I Pay Taxes?
Posted by Adsense Enquirer on February 9th, 2010 at 08:12pm
I´m not a US citizen and I never put a foot in US.
This is like the ten time that I make this question, because if I had to pay the taxes of the US, plus the taxes of my country, plus the agent, I need stoll a bank to pay all of them. Will be work and energy for nothing. Then, but I see the Alfaguara prize (conntest for novels with a company bassed in spain and can participate in the conteste everyone with a novel in spanish) and they say they give you U$S 175.000, but you must pay taxes in Spain, that expressed in the contract. I was thinking That maybe that happen because is “a prize”. In the same contract say that you don´t gonna receive money from the first 150 thousand books selled, and they give you it like a prize, and you had to pay for it label, casuse is not considered has copyright, like if was the loto or something like that.
Some people had speak about duble tax treaty or something like that, others say that I just must pay taxes in my country because is where I live, other say that I go to the embassy, That I hasd to go to the internet site of the IRS, and I loose there in the first page…..
Also I saw, trying to discover something, the contract for the publicity system of google, Adsense, and they divide you in three categories: American company, foreing company with employeds in the US and people who don’t “touch anything” in the US, And I –against- can find me there.
Other people speak about a 1040NR or something like that –explanation please- or something called W7. I know ar form from the IRS but I don´t know How much it work with my case. Other say that tell me is that I need an atorney specialized in tax law, something a little expensive when I don get nothing of money.
IF SOMEONE CAN HELP ME, DO IT!!!!
Thank you
Under adsense money
4 Comments for Again: If I Sell A Script To Hollywood ¿where F*$k I Pay Taxes?
1. fengirl2 | February 10th, 2010 at 1:03 am
It might help if you ask this in US taxes.
From a UK tax point of view, as a UK resident, you will be liable to tax on the profit made from this sale. However, under the UK – US double taxation agreement, you would get credit for any US tax paid, so you dont pay tax twice.
2. pearldai | February 10th, 2010 at 7:19 am
Where are you living?
If UK, join the Writer’s Guild (1% of your income, I think) and ask for legal advice.
If you’re in Spain, there’s probably an equivalent professional body for film writers who can give you advice.
3. StephenW | February 10th, 2010 at 8:53 am
Hollywood is a city. It does not by scripts.
If you win $175,000 in the contest or sell a script to a movie company in Hollywood, then you will have the money to pay the attorney.
If you do not win the contest and do not sell the script, then you do not need to know the answer to your question.
Either way, concentrate for now on trying to win the contest or sell the script. If you are successful, worry about the taxes then.
4. Beau.Gus | February 10th, 2010 at 2:18 pm
Writers do not EVER “sell a script to Hollywood”…Hollywood buys scripts from the agents they have worked with before. So you need an International agent willing to represent you. How do you get an agent? An agent will find YOU, if you have any marketable talent along with a local track record of success with your script-writing.
What plays have you written that have been produced? What film scripts that you authored have been produced in your own country? How much money did they make?
Hollywood is a business, not an artistic endeavor. No-one will risk capital on an unknown writer with no track record. Sell some movie scripts at home, then start looking in the US. You are one of MILLIONS of writers who want to get to Hollywood!
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