Sorry - the comment was about moving towards an automatic system that pays several months later for sales.  Not about taxes.

Quote from: Sean Locke Photography on November 26, 2014, 08:56

From the forum: "from what people are saying other sites do exactly the same as Getty"

I'm not sure what Getty does is something to strive towards.

Isn't this about following tax laws in the United States?  I don't see how you can blame Getty for that.  Can you explain what they are doing differently than is required by law?

We don't know yet because their email inferred that they would take out taxes. But if they are following the law we do a W8 and get 1099'd. That's the way it works and I wouldn't think it works any differently at getty.  The email should of just said we will follow US tax law, and not Inject one of several scenarios the law allows.

Quote from: tickstock on November 26, 2014, 08:58

Quote from: Sean Locke Photography on November 26, 2014, 08:56

From the forum: "from what people are saying other sites do exactly the same as Getty"

I'm not sure what Getty does is something to strive towards.

Isn't this about following tax laws in the United States?  I don't see how you can blame Getty for that.  Can you explain what they are doing differently than is required by law?

We don't know yet because their email inferred that they would take out taxes. But if they are following the law we do a W8 and get 1099 treatment

We do know, you just have to read the whole announcement and the FAQ in the forums. They will ask you for your tax details like all US based agencies. Fill out the W8 and depending on your country's tax treaties with the US you will either get 0% withholdings or a reduced amount or 30% only on US sales. Just like it is on Getty themselves and most likely all other US based agencies (I only can speak for myself and I get 100% of my royalties due to the German-US treaty).

The email should of just said we will follow US tax law, and not Inject one of several scenarios the law allows.

"As a U.S. company, Getty Images (US), Inc. is required to follow Internal Revenue Service regulations, therefore withholding taxes may apply to your payments beginning in early 2015."

I don't see any scenarios in the email, it looks like they said exactly what you wanted it to say.  Did you get a different email than me?

Quote from: tickstock on November 26, 2014, 09:24

Quote from: Mantis on November 26, 2014, 09:15

The email should of just said we will follow US tax law, and not Inject one of several scenarios the law allows.

"As a U.S. company, Getty Images (US), Inc. is required to follow Internal Revenue Service regulations, therefore withholding taxes may apply to your payments beginning in early 2015."

I don't see any scenarios in the email, it looks like they said exactly what you wanted it to say.  Did you get a different email than me?

The operTive word is JUST. I am saying they shouldn't have said we may take out taxes. That is inferred in the first statement.

But they may take taxes out, if you are from a country that doesn't have a treaty or you don't agree to the new terms and do the tax interview.  You have to answer some questions and provide some info or they will take taxes out, that's the default if you don't do what they ask. 

Edited, misread your comment.

Quote from: Micky_Mango on November 26, 2014, 09:39

Quote from: Sean Locke Photography on November 26, 2014, 09:11

Sorry - the comment was about moving towards an automatic system that pays several months later for sales.  Not about taxes.

It doesn't pay 'several months' late. Some people have an agenda here methinks.

Sure they do.  They report sales after the 20th of the next month, and then that payment arrives several months later.

You are saying they pay nearly 4 months after the sale?

Quote from: tickstock on November 26, 2014, 09:41

Quote from: Micky_Mango on November 26, 2014, 09:39

Quote from: Sean Locke Photography on November 26, 2014, 09:11

Sorry - the comment was about moving towards an automatic system that pays several months later for sales.  Not about taxes.

It doesn't pay 'several months' late. Some people have an agenda here methinks.

He posted that right after I posted about taxes, I assumed that's what he was talking about.  I agree that it would be better if we got paid from Getty, Shutterstock, 123RF and any other site as quickly as possible.  I don't like having to wait on Getty or Shutterstock until the next month to get paid.

You're not on Shutterstock. So you don't wait to get paid by them.

Shutterstock pays very quickly at the beginning of the month and reports all sales in real time.

iStock doesn't report the bulk of sales (PP, subs, etc.) until the end of the following month, weeks after you've already been paid by Shutter. And now they'll make you wait until the end of the month after that to get paid.

I am on Shutterstock, for video and I am waiting for my payment (they are the weakest of the sites I contribute to so I may drop them soon).  Still exclusive for photos at iStock.  I'm not sure if that is correct either.  Your balance changes when the PP and sub sales are counted.  They've said if you have $100 in your balance on the 25th then you will get paid.  Maybe I'm reading that wrong but it looks like as long as those sales are posted by the 25th you will get paid for them then.  If you can find something that contradicts that please post it, I don't think it's been clearly stated one way or the other.
Even if they do pay a month later that's 1 month and 25 days not 3+ months and 20 days like Sean was saying, I'm not sure what he's talking about?

Quote from: Sean Locke Photography on November 26, 2014, 10:02

Quote from: Micky_Mango on November 26, 2014, 09:39

Quote from: Sean Locke Photography on November 26, 2014, 09:11

Sorry - the comment was about moving towards an automatic system that pays several months later for sales.  Not about taxes.

It doesn't pay 'several months' late. Some people have an agenda here methinks.

Sure they do.  They report sales after the 20th of the next month, and then that payment arrives several months later.

You are saying they pay nearly 4 months after the sale?

Yep.  My sales in June 2014 were reported around July 20, 2014 and the payment arrived in my account on September 25, 2014.

Board Meeting 2006:

Getty:   "We are Getty. Lower your shields and surrender your servers. We will add your biological and technological distinctiveness to our own. Your culture will adapt to service us. Resistance is futile."

Istock:  Yay! This means we can finally kick some Shutterstock ass

Quote from: Sean Locke Photography on November 26, 2014, 10:46

Yep.  My sales in June 2014 were reported around July 20, 2014 and the payment arrived in my account on September 25, 2014.

Sales at Istock Sean? Have they re-opened your account?

I think he's talking about Getty sales, he still has a small amount left there. 

Sean are you sure you reached the payout level then and not a month or two later?

Quote from: Shelma1 on November 26, 2014, 10:06

Quote from: tickstock on November 26, 2014, 09:41

Quote from: Micky_Mango on November 26, 2014, 09:39

Quote from: Sean Locke Photography on November 26, 2014, 09:11

Sorry - the comment was about moving towards an automatic system that pays several months later for sales.  Not about taxes.

It doesn't pay 'several months' late. Some people have an agenda here methinks.

He posted that right after I posted about taxes, I assumed that's what he was talking about.  I agree that it would be better if we got paid from Getty, Shutterstock, 123RF and any other site as quickly as possible.  I don't like having to wait on Getty or Shutterstock until the next month to get paid.

You're not on Shutterstock. So you don't wait to get paid by them.

Shutterstock pays very quickly at the beginning of the month and reports all sales in real time.

iStock doesn't report the bulk of sales (PP, subs, etc.) until the end of the following month, weeks after you've already been paid by Shutter. And now they'll make you wait until the end of the month after that to get paid.

Maybe I'm reading that wrong but it looks like as long as those sales are posted by the 25th you will get paid for them then.

That's a big if. If it's true.

Quote from: tickstock on November 26, 2014, 09:24

Quote from: Mantis on November 26, 2014, 09:15

The email should of just said we will follow US tax law, and not Inject one of several scenarios the law allows.

"As a U.S. company, Getty Images (US), Inc. is required to follow Internal Revenue Service regulations, therefore withholding taxes may apply to your payments beginning in early 2015."

I don't see any scenarios in the email, it looks like they said exactly what you wanted it to say.  Did you get a different email than me?

The opetive word is JUST.  Quit trying to defend a poorly structured email. I am saying they shouldn't have said we may take out taxes. That is inferred in the first statement. They may also have w8 ....where does it say that? It doesn't. That's my point.

Funny, what I read it to say is "we MAY" ... IF we can get our $hit together and figure out how to withhold the right amount and submit it to the IRS within filing deadlines - otherwise, we will just collect from you retroactively several months after we were supposed to.  We're sure eventually someone will graduate from U of Seattle that can figure this coding stuff out and we won't have too much downtime.