moe90@feddit.nl to Games@lemmy.worldEnglish · 4 months agoJapanese developers on Steam can’t receive revenue from adult games due to Japanese banks blocking transfersautomaton-media.comexternal-linkmessage-square7linkfedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkJapanese developers on Steam can’t receive revenue from adult games due to Japanese banks blocking transfersautomaton-media.commoe90@feddit.nl to Games@lemmy.worldEnglish · 4 months agomessage-square7linkfedilink
minus-squareMrNesser@lemmy.worldlinkfedilinkEnglisharrow-up0·4 months agoFun fact if that money is invested overseas in a legitimate enterprise they can transfer it in just fine.
minus-squaretiredofsametab@fedia.iolinkfedilinkarrow-up0·4 months agoUnfortunately, it’s complicated. There are in-country tax considerations for the overseas entity and, as Americans are often shocked to find when moving here, something like an LLC is going to cause a huge tax headache with taxes
minus-squareMrNesser@lemmy.worldlinkfedilinkEnglisharrow-up0·4 months agoAlso it’s technically money laundering
minus-squarex00z@lemmy.worldlinkfedilinkEnglisharrow-up0·4 months agoHey that’s what the Irish Facebook holding company was doing.
Fun fact if that money is invested overseas in a legitimate enterprise they can transfer it in just fine.
Unfortunately, it’s complicated. There are in-country tax considerations for the overseas entity and, as Americans are often shocked to find when moving here, something like an LLC is going to cause a huge tax headache with taxes
Also it’s technically money laundering
Hey that’s what the Irish Facebook holding company was doing.
Oh to be sure to be sure