Re: iTunes Affiliate Update
Re: iTunes Affiliate Update
- Subject: Re: iTunes Affiliate Update
- From: email@hidden
- Date: Mon, 22 Nov 2004 16:30:58 EST
Actually we are a 501(c)(4) and have the tax ID for that. It is taxable, but the threashold is $24,000 income for our tax group. Our dues bring in about $2,400 and fund raising brings in another $500 - $750 so we're OK.
Besides, at five cents a song we have to generate over 500 songs sold before we'll get our first check for $25. That means that all our members will have to buy 6 songs each before we'll see anything.
Thanks for your concern, but I think we'll be OK.
Gary
In a message dated 11/22/04 8:37:55 AM, email@hidden writes:
A cautionary note -
There may be no problem as far as Apple is concerned. However, your
position relative to the IRS should also be considered. If you are a
501(c)(3) charitable organization, this kind of revenue may be
considered not relevant to your group's primary purpose, and may
therefore be taxable.
- - -
Chris Bastian
President, Metropolitan New York Macintosh Alliance
email@hidden
On Nov 22, 2004, at 7:10 AM, email@hidden wrote:
> A couple of day back I asked if anyone thought there'd be a problem
> for a MUG to join. Well, there wasn't. We joined. Check it out at
> http://www.apple.com/itunes/affiliates/
>
> I sent the message below to all my members, "
>
> iTunes has the greatest music store, but you already know that.
>
> We have added a new link on our website that helps you and the club.
> When you go to http://www.pbmug.org/ you will notice a link to the
> iTunes Music Store.
>
> This link has a special use. Besides giving you access to the iTunes
> store, all purchases through these links will give our club a 5%
> rebate of your purchase. This way you can buy the music you want, and
> help the club generate needed income too!
>
> Go to our home page at http://www.pbmug.org/ and check it out right
> now. Bookmark the page. Send the link to your friends to help them,
> yourself and our club.
>
> Gary Kampel
> President
>
> PS - You must have iTunes installed on your computer (Mac or PC) for
> the link to work.
>
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