The App Store Small Business Program will be launched starting January 1, 2021.
Apple officially announced the Small Business program on the App Store which is aimed at application developers who earn less than 1 million dollars. Later this program will provide tax breaks for developers of up to 15 percent.
Launching the GSM Arena page , Sunday, November 22, 2020, later developers who have an income of less than 1 million dollars will only be subject to a tax of 15 percent. However, when their income exceeds 1 million dollars, they will automatically be subject to a normal tax of 30 percent.
Apple says this program is intended only for small developers, so maybe the presence of this tax cut will not affect large developers.
Instead of being designed to develop small developer businesses , in fact many of them have switched to online business models this year due to the pandemic.
The App Store Small Business Program will be launched starting January 1, 2021. Further details regarding the program will be available in December 2020.