I have been working with microstocks and 3D marketplaces for a while. Usually, the earnings are considered as royalties. But UE Marketplace looks quite different and does not provide much info such as the type of income, year summary, etc. I am confused about how do I declare these incomes. Is it royalties or just regular sales?
It’s normal income. If it was royalties, you’d be getting a cut every time your assets were used in a game.
But for example with the book royalties author gets paid each time the book is sold, not each time the book is read. There is the publisher, a fixed price for the book, and some % of each sale goes to the author when the good is sold. The publisher decides on discounts or sales. So what is the difference with the UE marketplace here?
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You’re right. Is this a tax thing?
Yeah. Trying to figure out the category of incomes
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