Facebook plans to get rid of taxes

Facebook has found a way to remove the tax on Apple's in-app purchases. The company is working on the local payment system.
 Facebook plans to get rid of taxes
READING NOW Facebook plans to get rid of taxes

Facebook has found a way to eliminate Apple’s 30 percent tax on in-app purchases. Meta’s CEO, Mark Zuckerberg, will enable content creators to make subscription payments using Facebook’s payment system. The company announced that they will be able to share a web link for payments.

Apple is in trouble with taxes on iOS apps

The App Store prohibits iOS apps from offering alternative payment options for purchasing digital goods. Facebook is working on the gray areas in the rules that Apple has set. The company plans to follow a different path to avoid paying taxes.

Mark Zuckerberg made the following statement in a Facebook post:

“As we build the metaverse, we focus on uncovering opportunities for creators to monetize their work. The 30 percent fees that Apple charges on transactions make this difficult to do. That’s why we’re updating the subscriptions process so creators can earn more. ”

How will Facebook get rid of App Store taxes?

Facebook plans not to cut subscriptions until 2023. They will also start paying a $5 to $20 bonus for each new subscriber they add using exclusive web links to creators. The Facebook creator will offer a calculator that will break down their earnings, including how much they paid Apple and Google. Starting in December, Facebook manufacturers will be able to download their email directly from the company.

Facebook aims to take advantage of cracks in App Store taxes. Apple recently sued Epic Games over developers directly emailing customers about alternative payment options. Following the lawsuit, Apple faced even more restrictions. At the end of this case, the judge asked Apple to allow developers to use external payment methods. It also gave the company until December 9 to comply with this decision.

So what do you think about Facebook’s tax relief plan for Apple? We welcome your ideas in the comments.

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