moe90@feddit.nl to Games@lemmy.worldEnglish · 1 month agoJapanese developers on Steam can’t receive revenue from adult games due to Japanese banks blocking transfersautomaton-media.comexternal-linkmessage-square24fedilinkarrow-up1342arrow-down12 cross-posted to: pcgaming@lemmy.cagames@sh.itjust.works
arrow-up1340arrow-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 · 1 month agomessage-square24fedilink cross-posted to: pcgaming@lemmy.cagames@sh.itjust.works
minus-squareMrNesser@lemmy.worldlinkfedilinkEnglisharrow-up63·1 month agoFun fact if that money is invested overseas in a legitimate enterprise they can transfer it in just fine.
minus-squaretiredofsametab@fedia.iolinkfedilinkarrow-up46·1 month 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-up32·1 month agoAlso it’s technically money laundering
minus-squarex00z@lemmy.worldlinkfedilinkEnglisharrow-up19·1 month 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