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Royalties
ROYALTIES AND SALES STATEMENTS
  • For each copy sold the author receives 20% percent of the price listed at the My Book bookstore.
  • The price of the book is determined by the publisher, although we respect also author's suggestions.
  • The book is recorded as "sold" after receiving full payment from the client and shipping the book to him.
  • Each author has an online access to the current sales statements (as shown in a screenshot given below):
sample sales report screenshot
HOW DO WE PAY YOUR ROYALTIES?
  • We offer a "payment on demand" system. When the royalty you have earned exceeds 100 z³, you can ask for immediate payment or wait until you gather a larger sum. We pay the royalties by PayPal or MoneyBookers
  • The basic currency for royalties is Polish z³oty (PLN) - in your sales report it is given in brackets. The royalty payment is made in the currency chosen by the author (USD, EUR, GBP or PLN).
AUTHOR'S TAXES
  • According to the Polish tax law the publisher is obliged to withhold an income tax of 20%.
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