I learned an interesting lesson this weekend. I was reviewing our AppStore financial results and I noticed an interesting entry:
After a little bit of research, I learned Apple withholds a 20% tax on Japanese sales. In order to eliminate this tax, you need to file some tax forms with the Japanese government and US government. Apple helps with this process by providing and submitting the forms.
David Smith has a nice article on "Understanding Japanese App Store Withholding" that goes into more detail.
I filled out the forms this weekend (8/26/2012), and I will report back on when it takes effect. I would love to hear about year experiences with this process.