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Author Topic: W-8BEN form for Australian stock photographers  (Read 317 times)

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« on: November 19, 2022, 02:32 »
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It's time for me to fill out the W-8BEN form again. It's been ages since Ive filled one out and Ive forgotten some of the fine details like the amount of tax to be withheld. Australia has a tax treaty with the US so it will only be a very small percentage that will be withheld. Surprisingly, I couldn't find any such information online about the exact amount. Another Australian stock photographer on another forum assured me that it was 5%. Though today, I managed to download an old W-8BEN form that I had previously completed and it says 0.5%. So now I'm not sure whether I should put 0.5% or 5% on the new form. Would anyone here know?


« Reply #1 on: November 19, 2022, 03:57 »
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Not a tax lawyer but I believe what you are looking for is this:
https://www.irs.gov/pub/irs-utl/Tax_Treaty_Table_1_2019_Feb.pdf

Page 3, royalties/ copyrights 5%  Treaty and Article 12(2) / P8


« Reply #2 on: November 19, 2022, 06:37 »
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Thank you! I had looked on the IRS website but didn't come across that particular page.

« Reply #3 on: November 19, 2022, 12:57 »
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« Reply #4 on: November 19, 2022, 20:13 »
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It's 5% for Australia, I got the info from https://eezycontributors.zendesk.com/hc/en-us/articles/360040283911-What-is-the-Withholding-Rate-For-My-Country-

Oh yea definitely confirmed now. I'm puzzled why my previous W-8BEN form says 0.5%. When I updated the new form, it wouldn't let me fill in the section that requires the amount / percentage. That particular area remains blank. Though what I am assuming is that it will be filled in automatically with what was typed into the previous form - 0.5%. And that is not ideal.


 

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