How and when do I get paid by Repost by SoundCloud?
You will receive your payments via the PayPal account that you link to your Repost by SoundCloud account. Your balance is updated at the end of each month and payments auto-deposit once your earnings meet or exceed $5 US. Additionally we are net 60, so payments are two months delayed. This is because it takes music platforms 30-45 days usually to pay us on a given period's earnings and then a bit of time for us to turn those royalties around to our partners.
Why didn’t I receive a payment?
The most common reasons for not receiving a payment are 1) you did not complete your tax form, 2) you did not receive enough royalties to hit the $5 USD threshold needed to be paid out, or 3) a payment was sent to an email address not associated with a PayPal account. However, if you already ruled out all of these potential reasons, please reach out to our team via support chat or email, and we would be happy to look into this for you!
How do I change my PayPal email?
You can update your PayPal email in the Account Information section of your Repost settings.
What is Split Pay?
Split Pay allows you to easily list collaborators on your tracks to give a percentage of the earnings to. You enter the splits, and we take care of the rest.
What is withholding tax / why am I being taxed?
We implemented a tax withholding to stay compliant with earnings regulations set here in the US. The money we send to clients is recognized by the US government as income, therefore a certain amount must be withheld so we may pay them on the amounts sent abroad. Here is the official resource https://www.irs.gov/pub/irs-pdf/p515.pdf. We recommend consulting a tax professional for any additional advice.
Where can I find my tax documents?
All tax documents can either be gathered from PayPal directly, or you can download a W-8BEN on the IRS website here.