How do I get my royalties and how often?

(Question # 100)
The author's rights (margins) are settled quarterly. This is the calendar:

  • 1st quarter sales (1st January - 31st March), paid on 20th April.
  • 2nd quarter sales (1st April - 30th June), paid on 20th July.
  • 3rd quarter sales (1st July - 30th September) paid on 20th October.
  • 4th quarter sales (1st October - 31st December) paid on 20th January.

On that date, you will receive a report of your sales and receive that amount as long as you acrue a minimum of 10$ 

The payment is made by bank transfer or PayPal, whichever you selected on https://www.tostadora.com/bank_info.php



IMPORTANTBefore the 1st of the payment month (January 1, April, July, October) make sure you have completed your TAX DATA and BANK DATA at https://www.tostadora.com/bank_info.php

FOR RESIDENTS IN SPAIN:

Pay particular attention when indicating your NIF/CIF, Name and Surname.

They must be the same data as in the register of the AGENCIA TRIBUTARIA (AEAT).
On the first day of the liquidation month we will validate the data. 
If the Tax Agency does not validate or recognize the data you have entered, we will contact you to update your data. But in this case the date of your settlement will be affected. In any case, once we can validate the data with you, we will indicate the date of the next settlement. 


FOR RESIDENTS OUTSIDE SPAIN:

It is VERY IMPORTANT that you upload a FISCAL RESIDENTIAL CERTIFICATE.
If we do not do so, we will be obliged to retain 24% of income tax. 


Note: Tostadora reserves a period of 20 days between the effective end of the quarter and the date on which we process all payments to store owners.
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