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Thread: Fotolia Tax Center

  1. #1

    Default Fotolia Tax Center

    Can someone guide me which form to fill up? Will we be taxed for our earnings?

    1. YOU ARE AN INDIVIDUAL

    YOU ARE A US CITIZEN OR A RESIDENT ALIEN

    If you are an individual and a US citizen or US resident alien, you would typically submit Form W-9 so that normally, withholding tax will not be applicable on your Fotolia income.

    Online W-9 Form

    W-9 instructions

    YOU ARE A RESIDENT OF A COUNTRY THAT HAS A TAX TREATY WITH THE USA

    If you are an individual and a resident of a country that has a tax treaty with the U.S., you would typically submit Form W-8 BEN. You may apply for an ITIN (Individual Taxpayer Identification Number) by completing Form SS-4 ( SS-4 Instructions ) or form W-7 to benefit from a reduced or zero withholding rate, according to your country tax treaty. The SS-4 and W-7 forms must be sent to the IRS directly, not to Fotolia.

    See the list of countries and corresponding withholding rates

    Please note - a W-8BEN form can be submitted without an ITIN number. An ITIN enables the contributor to claim treaty benefits to reduce or eliminate withholding on U.S. source income. An ITIN is not required for income outside of the U.S..

    Online W-8 BEN Form

    W-8 BEN instructions

    YOU ARE NOT A RESIDENT OF A COUNTRY THAT HAS A TAX TREATY WITH THE USA

    If you are an individual and not a resident of a country that has a tax treaty with the U.S., you would typically submit Form W-8 BEN. A 30% withholding tax is applicable on your U.S. source income. An ITIN is not required.

    Online W-8 BEN Form

    W-8 BEN instructions
    2. YOU ARE A LLC, A PARTNERSHIP OR A CORPORATION

    YOUR ENTITY IS ORGANIZED UNDER US LAW

    If you are a LLC, a partnership or a corporation organized under US law, you would typically submit Form W-9. Withholding tax will normally not be applicable on your Fotolia income.

    Online W-9 Form

    W-9 instructions

    YOUR ENTITY IS NOT ORGANIZED UNDER US LAW

    If you are a LLC, a partnership or a corporation and your entity is not organized under U.S. law, you should determine which W-8 form corresponds to your situation.

    To obtain a TIN or EIN, complete the applicable Form SS-4 ( SS-4 Instructions ) or Form W-7 and send directly to the IRS, not Fotolia.

    To determine which W-8 form corresponds to your situation please contact your tax advisor to assist in submitting the appropriate form.

    Online W-8 BEN Form

    W-8 BEN instructions

    Online W-8 ECI Form

    W-8 ECI instructions

    Online W-8 IMY Form

    W-8 IMY instructions

    Online W-8 EXP Form

    W-8 EXP instructions
    3. YOU ARE NEITHER AN INDIVIDUAL, LLC, PARTNERSHIP OR CORPORATION

    If you are neither an individual, LLC, Partnership or Corporation, please consult your tax advisor to determine which form should be submitted to Fotolia.

    Online W-8 ECI Form

    W-8 ECI instructions

    Online W-8 IMY Form

    W-8 IMY instructions

    Online W-8 EXP Form

    W-8 EXP instructions

  2. #2
    Senior Member Sion's Avatar
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    Default Re: Fotolia Tax Center

    "If you are an individual and not a resident of a country that has a tax treaty with the U.S., you would typically submit Form W-8 BEN. A 30% withholding tax is applicable on your U.S. source income"

  3. #3

    Default Re: Fotolia Tax Center

    which means they will tax 30% of my earnings?

  4. #4
    Moderator catchlights's Avatar
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    Default Re: Fotolia Tax Center

    Quote Originally Posted by qing02051981 View Post
    which means they will tax 30% of my earnings?
    to my understanding is the earning from US alone are subject to the 30% tax.
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  5. #5

    Default Re: Fotolia Tax Center

    You'll need to fill in the W-8 BEN form if you don't want withholding taxes to be applied to your earnings in the US.

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