The US has agreements in place with certain countries that require withholding taxes to be paid to the US government from income paid out by US businesses - like CD Baby Pro Publishing - to foreign residents. These tax rates for “Copyright Income” are determined via country-to-country treaties between the US government and other nations, and range from 0% to 30%.
For the following countries, we are required by the US government to withhold taxes for income generated through your musical copyrights. We have listed the tax withholding rates for each of these countries. If you reside in one of these countries, the money you would get from CD Baby Publishing would already have these taxes deducted. There is nothing more that you need to do in terms of payments to the US government. Please consult a tax advisor about your country’s procedures relating to your publishing income and your personal tax questions.
|Country/Territory||Performing Rights Organization (PRO)||Withholding Tax|
|Bosnia and Herzegovina||AMUS||30%|
|Brazil||All Brazilian Societies||30%|
|Turkey*||All Turkish Societies||10%|
*CD Baby uses a sub-publisher to collect your royalties from these territories. The tax withholding rate is subject to the home country of our sub-publisher in the territory. For more information on sub-publishers, click here.
Note: In Barbados, no benefits for interest, dividends or royalties are permitted if the recipient is subject to a special tax regime or administrative practice that provides for an effective tax rate substantially lower than the generally applicable tax rate for companies or individuals as appropriate.