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Developers can now set tax categories for in-app purchases

Developers can now set tax categories in App Store Connect. The feature will allow Apple to more accurately administer taxes in 64 territories for apps. Apple is making it easier for developers to handle taxes in a number of territories. In an update on the Apple Developer website, the company announced the addition of tax categories. The new feature will allow developers to list what tax regulation applies to their app in 64 territories which will help Apple to administer tax for them. The App Store makes it easy for you to manage transactions in 175 territories, and Apple administers tax on behalf of developers in 64 of those territories. Now App Store Connect provides the ability to assign tax categories to your apps and in-app purchases. These categories are based on your app s content (for example, videos, books, or news publications) and determine which tax regulations apply in each territory, allowing Apple to administer tax for you at specific rates.

Developers can now set tax categories in App Store Connect - General Discussion Discussions on AppleInsider Forums

Developers can now set tax categories in App Store Connect Apple on Tuesday announced a new App Store Connect feature that allows developers to assign tax categories to apps and in-app purchases. Announced in a post to Apple s developer website, the feature addition streamlines the tax collection process for app makers. Depending on local laws, content creators, distributors and merchants must pay varying tax rates on sold digital goods and services. Apple administers tax on behalf of developers in 64 of the 175 territories where the App Store is available, though the company needs additional information to properly assess fees. With tax categories in App Store Connect, developers can assign apps to categories like videos, books, news publications and more, enabling Apple to determine which tax regulations apply in each territory.

Developers can now set tax categories in App Store Connect

  Apple on Tuesday announced a new App Store Connect feature that allows developers to assign tax categories to apps and in-app purchases. Announced in a post to Apple s developer website, the feature addition streamlines the tax collection process for app makers. Depending on local laws, content creators, distributors and merchants must pay varying tax rates on sold digital goods and services. Apple administers tax on behalf of developers in 64 of the 175 territories where the App Store is available, though the company needs additional information to properly assess fees. With tax categories in App Store Connect, developers can assign apps to categories like videos, books, news publications and more, enabling Apple to determine which tax regulations apply in each territory.

This Week in Apps: WWDC 21 highlights, Instagram Creator Week recap, Android 12 beta 2 arrives – TechCrunch

This Week in Apps: WWDC 21 highlights, Instagram Creator Week recap, Android 12 beta 2 arrives Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of live TV per day, but now spends four hours per day on their mobile devices.

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