Steps
Each quarter, you will receive an email notification when your royalties report is ready. Below are the steps to receive payment for your royalties:
Log into Musixmatch for Publishers
Go to the Report section and download your latest Report
Create an invoice for each currency ($, €) using our template
Prepare your fiscal residence certificate and double taxation form for the current year to receive reduced tax rates on your royalties
Send your invoice and required documents to invoice@musixmatch.com
You are all set! If you want to learn more, below you will find further explanations.
Timeline
Musixmatch will send you a detailed royalties report each quarter.
The report will include information on royalties earned through our partner services, such as the distribution channel, service used, selling price, and royalties owed.
Reports will be delivered within 60 days after each quarter ends:
March 31st
June 30th
September 30th
December 31st
Payments will be sent within 30 days from the date of the invoice.
Report structure
In the Report section you will find, for each quarter:
A summary report with the overview of licensed services and total royalties;
Detailed reports with the breakdown of royalties earned per service.
Only enabled users can access the report section. To update your contact list, please email publishers-support@musixmatch.com
Payments threshold
To avoid high bank fees for small transfers, the minimum threshold to get paid is $100 or €100.
If you haven’t reached this amount, we’ll add your earnings to the next quarter’s total, and let you know when it’s time to send an invoice.
Withholding tax on Royalties
To comply with Italian tax laws, you need to provide each year tax documents to receive reduced rates on your earnings. Without these documents, a standard 30% tax rate will be applied.
To apply for the reduced tax rates, you must comply with the following:
Your company is a tax resident in a country that signed a treaty with the Italian Government. Check the list of countries here. Official reference;
Your company doesn't have a permanent establishment or a fixed base in Italy.
You need to provide these documents:
A double taxation form signed by your Company;
A form issued by your Company’s country’s Tax Authority declaring that your company is a tax resident in a country that signed the treaty .
Bank details
According to Italian law, the bank account holder must be the same as the rights holder.
International payments
Not all banks can receive international payments: check on your bank to avoid undue fees.
Please see below for a mockup of the Royalties Report.
