LUCY Academy
Money, tax & running it like a business · Lesson 4 of 6
Withholding tax and getting paid from abroad
22 minFoundationalFree
Money crossing a border is often taxed at source before it reaches you. Seeing a US royalty payment arrive smaller than the statement said is usually Withholding tax, not an error — and in many cases the rate can be reduced by filing one form.
What you’ll be able to do
- Understand why foreign income arrives reduced
- Complete the forms that lower the deduction
- Track what was withheld and where
- Avoid being taxed twice on the same money
Inside this lesson
- 1How it works
- 2Keeping it straight
In the app
Take this lesson in the LUCY app
Open it in LUCY and the lesson rewrites itself around the music you make, reads itself aloud while you work, and answers questions about your own releases. Free with your account.
- Rewritten around your genre and where you're at
- A coach that can see the releases in your account
- Narrated — put it on while you work
- A badge for the track when you finish it
Start this lessonFree with your LUCY account · opens the app if you have it
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