I may not have a blockbuster on my hands but it is disconcerting when you discover that any royalties earned on book sales in the USA will be subject to a 30% withholding tax.
However Karen Inglis’ blog on this subject came to the rescue again. As there is a double taxation agreement with the UK one can avoid the withholding by applying for an EIN.
Karen gives instructions on how this can be done simply by a telephone call to the USA. It was very easy and I now have an EIN which I can register with my POD suppliers and avoid the withholding on USA sales.