Tag: fees

Apple won’t collect fees on paid Facebook events until 2021

Now, Apple has agreed to let Facebook Pay process all paid online event purchases. This means Facebook can absorb the cost, and Apple won’t get a cut. But this agreement only lasts until December 31st.

“Apple has agreed to provide a brief, three-month respite after which struggling businesses will have to, yet again, pay Apple the full 30 percent App Store tax,” a Facebook spokesperson said. Facebook will not collect fees until August 2021.

The other big catch is that Facebook Gaming creators are left out of the deal. They’ll still have to hand over 30 percent of earnings that come through the iOS app.

“Apple’s decision to not collect its 30 percent tax on paid online events comes with a catch: gaming creators are excluded from using Facebook Pay in paid online events on iOS,” said Vivek Sharma, VP of Facebook Gaming. “We unfortunately had to make this concession

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Apple critics form coalition to challenge App Store fees

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A group of Apple Inc`s critics – including Spotify Technology SA, Match Group Inc and “Fortnite” creator Epic Games – have joined a nonprofit group that plans to advocate for legal and regulatory action to challenge the iPhone maker`s App Store practices.

Apple charges a commission of between 15%-30% for apps that use its in-app payment system and sets out extensive rules for apps in its App Store, which is the only way Apple allows consumers to download native apps to devices such as the iPhone. Those practices have drawn criticism and formal legal complaints from some developers.

The Coalition for App Fairness, structured as a nonprofit based in Washington, D.C. and Brussels, said it plans to advocate legal changes that would force Apple to change. Beyond Epic, Match and Spotify, other members include smaller firms such as Basecamp, Blix, Blockchain.com, Deezer, and Tile, along

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Apple, Amazon, and and Google pass on fees from digital services taxes to clients

  • Apple on Tuesday announced a group of new developer fees motivated by new digital services taxes in Italy, France, the UK, and Turkey.
  • Google on the same day told advertisers it will be adding fees in the UK, Austria, and Turkey in response to local taxes.
  • On Tuesday a 2% new fee for Amazon third-party sellers also came into force.
  • The new digital services taxes target the tech giants by taking a slice of their gross revenue from a particular market.
  • Visit Business Insider’s homepage for more stories.

Amazon, Apple, and Google will pass on the costs of new European taxes on their revenues to smaller developers and clients.

European countries including France, the UK, and Italy have introduced “digital services taxes” which, unlike corporate income tax, target the tech giants by taking a slice of their gross revenue from that particular market. Turkey has introduced a similar tax. The

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