Agency Based Discussion > Pond5

No Tax Forms at Pond5

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pixsol:
I am only three months into the world of Microstock and still in the process of understanding the various nuances. I have a question about the fact that there were no tax forms (W9 or W8-BEN) to fill at Pond5.

My limited understanding of the stock agencies tell me that all US-based ones will mandate a tax form. This is what happened to me with SS, DT and FT. The non-US-based ones will not have to do that and I did not have to fill any for iStock, CanStock or 123RF.

Based on what I gathered from Pond5, they appear to be an US-agency. But they do not have a Tax section to fill out W9 or W8-BEN forms. My question is:
1. Am I correct in my understanding that Pond5 is a US Agency ?
2. If #1 is 'YES', then what should non US-persons (like me) do about the US withholding tax as Pond5 clarified that they will NOT do any withholding ?

Thanks in advance for any additional clarity.

Beppe Grillo:
I cannot answer you.
But did you ask directly to pond5?

pixsol:
Thanks Beppe. Yes, I did ask them. The reply I got from them was: Thanks for you inquiry! We do not withhold any money for taxes, so you would need to estimate your taxes on earnings from your end.

My thinking is that this would be OK if they are NOT an US agency. But if they are (which I am not sure), then I am not sure if they can do without the withholding.

Beppe Grillo:
They have an office in NYC and in Genève (Switzerland)

Pond5 Inc.
80 Fifth Avenue, 18th floor
New York, NY 10011


Pond5 Gmbh,
rue du Marché 7, 1204
Genève Switzerland

pixsol:
Thanks Beppe. When I called up support last week, the person did mention that they have offices in NYC and Geneva but was not able to tell me if the NYC office was the head quarters or the Genava one. So, I did not get to conclude whether Pond5 was US based or not.

No problem. If I get any more clarity in the future, I will post it here.

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