First, thank all of you for your supporting 100Audio’s growing in this 2 years. For our lacking experience, we didn’t take the tax into consideration at the beginning – 100Audio pays all taxes for authors. As all known China is a special nation of a super purchasing power, with its special “invoice tax policy” at the same time. Due to the huge amount of invoice needs, we have to deduct this part of tax. As our most customers are from China, we need to abide by China tax laws.
To go through and adjust the withholding, we will stop our temporary tax subsidy and start to deduct the tax from Oct. 20th, 2018. And this tax data of each order sold will be displayed on your dashboard from now on.
Thanks for your understanding!