Sunday, September 25, 2022

Apple informs developers of upcoming App Store tax, price changes

Apple has detailed new App Store tax and price changes coming soon in a Developer update.

The tech giant says that when taxes or foreign exchange rates change, we sometimes need to update prices on the App Store in certain regions and/or adjust your proceeds. In the next few days, your proceeds will be adjusted in the following regions and will be calculated based on the tax-exclusive price. Changes include:

Cameroon: New value-added tax of 19.25%

Zimbabwe: New value-added tax of 14.5%

Prices of apps and in-app purchases (excluding auto-renewable subscriptions) on the App Store will increase in these regions.

Germany: Value-added tax rate reversion to 19% after temporary decrease to 16%. Prices on the App Store will not change.

Republic of Korea: Prices of alternative tiers for apps and in-app purchases (excluding auto-renewable subscriptions) will be adjusted to allow for additional locally relevant pricing conventions.

Once these changes go into effect, the Pricing and Availability section of My Apps will be updated, according to Apple. Developers can change the price of their apps and in-app purchases (including auto-renewable subscriptions) at any time in App Store Connect. If they offer subscriptions, they can choose to preserve prices for existing subscribers.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.