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From the BMI site – https://www.bmi.com/creators/taxes
My understanding is this –
If you are a foreign writer with BMI (Like I am), you have to fill out the W8-BEN tax form to let them know you live in a country that has a tax treaty with the US. That way only 10% (as in your country) will be deducted before its remitted to you as against the usual 30% in case your country does not have a tax treaty with the US.
This is also true for income deriving from US sales at RF sites like AJ.
I am not aware of how other non RF libraries would handle sync payments as it hasn’t yet happened for me.
HTH!
Wish everyone a Merry Christms! 🙂
I fully respect the opinions on this topic from the vets… you guys are obviously speaking gospel truth from your long term experiences.
From my perspective Jesse’s Sync Academy works because there are a wealth of tutorials, a vibrant community and the per month cost is very low. For a new comer like me (a little over a year old), it offers guidance on a general framework that I can adopt to approach this always shifting and nebulous world of TV / Film licensing libraries. The community offers their own guidance and moral support if you’re feeling discouraged for any reason. Needless to say, you use some info and others, you discard.
Just like info I gleaned from various forum and library topics here at MLR, there is a good amount of knowledge one can extract from that service too. Using both info sources, I personally feel I have gotten a decent start at a much rapider pace than I would have in their absence.
As always, everything I say is true only for myself. YMMV is the only reality in this business.
Yes I am.
I’d recommed Sync Academy by Jesse Joseffson… Its very reasonably priced , has all the info you need on licensing and an active community..
Excellent! Very inspiring!