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Author Topic: IRS Withholding Taxes for non U.S. Submitters  (Read 96736 times)

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« Reply #125 on: May 28, 2009, 11:19 »
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Can u explain this. It seems too easy. To get ITIN u need to do a W7 and send in together with Notarized Id. Is this something else?

I'm not Leaf, but as far as I understand it, you are eligible for an EIN - as opposed to an ITIN - if you sell your photos as a registered business, even if it's a one man company. If you sell them as a private person you need an ITIN - at least that is my understanding...

Thanks.

So if you have a business you dont have to go through the paperwork and notorized id trouble.  Just call a number?     


alias

« Reply #126 on: May 28, 2009, 11:26 »
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If you are a company then you have to apply to the IRS for an EIN (Employeee Identification Number).

You will need form SS-4. NOT form W-7. Shutterstock need to update their info I think.

Kafkaesque US bureacracy ! Lets hope the agencies all move to somewhere where it is easier to do business.

Can u explain this. It seems too easy. To get ITIN u need to do a W7 and send in together with Notarized Id. Is this something else?

I'm not Leaf, but as far as I understand it, you are eligible for an EIN - as opposed to an ITIN - if you sell your photos as a registered business, even if it's a one man company. If you sell them as a private person you need an ITIN - at least that is my understanding...

Thanks.

So if you have a business you dont have to go through the paperwork and notorized id trouble.  Just call a number?     
« Last Edit: May 28, 2009, 11:28 by alias »

« Reply #127 on: May 28, 2009, 11:31 »
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Are people really deleting there photos over this?  All you have to do is fill out the form and sent it...done!

« Reply #128 on: May 28, 2009, 11:31 »
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Quote from Leaf:

If you qualify for an EIN you can get it over the phone (and the official papers will be sent in the mail) speading things up a bit.  IRS number +1-215-516-6999 That is how I got my number a while back when another site needed it.



Can u explain this. It seems too easy. To get ITIN u need to do a W7 and send in together with Notarized Id. Is this something else?

When I did this I got both numbers and recall one of them needing only a simple telephone call to get. I thought the same thing. Why so easy? Who cares though.

« Reply #129 on: May 28, 2009, 11:32 »
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Well, I earn well less than $200 year at Shutterstock, which means that I do not have to pay taxes from this income to Norway (a 1000NOK free limit). Paying to the US embassy to get that number and notarisation will probably cancel out a whole year's payment for me. I think I'll just wait for the next pay-out, loose 30% and close the account...

« Reply #130 on: May 28, 2009, 11:35 »
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Well, I earn well less than $200 year at Shutterstock, which means that I do not have to pay taxes from this income to Norway (a 1000NOK free limit). Paying to the US embassy to get that number and notarisation will probably cancel out a whole year's payment for me. I think I'll just wait for the next pay-out, loose 30% and close the account...

200$ together with your total income is probably over 1000NOK. Am I right.       Else you can earn. 200$ from 200 different companies without paying tax.

« Reply #131 on: May 28, 2009, 11:39 »
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To clearify this once and for all.    I call this number:  IRS number +1-215-516-6999 and get a EIN number.  Instead of Pain-in-the-a  ITIN number for Private contributors.   And the people answering wont think Im an idiot for asking?   

How can they give away numbers like that when it takes notarized id:s for privates?

« Reply #132 on: May 28, 2009, 11:40 »
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That is a 1000NOK limit from any single employer... That means that I can have a full-time day job, from which I pay my 45% tax and then I can take an occasional assignment or hobby income, which are tax-free.


200$ together with your total income is probably over 1000NOK. Am I right.       Else you can earn. 200$ from 200 different companies without paying tax.

« Reply #133 on: May 28, 2009, 11:53 »
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I don't remember that I said anything rude, but I'm baned too now   :(

« Reply #134 on: May 28, 2009, 12:01 »
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That is a 1000NOK limit from any single employer... That means that I can have a full-time day job, from which I pay my 45% tax and then I can take an occasional assignment or hobby income, which are tax-free.


200$ together with your total income is probably over 1000NOK. Am I right.       Else you can earn. 200$ from 200 different companies without paying tax.

Even if you earns from 10 agencies?

« Reply #135 on: May 28, 2009, 12:03 »
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O'Banana is the New Sheriff in town.

I don't like the way the US does this, and I don't think that it is good for the US long term but it way pre dates the new administration.

But far more importantly than any tax issue: there is something deeply offensive and unpleasant about you calling him "Banana".

"O'Banana " is very mild compared to the offensive and unpleasant names used for past presidents!


« Reply #136 on: May 28, 2009, 12:12 »
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O'Banana is the New Sheriff in town.

I don't like the way the US does this, and I don't think that it is good for the US long term but it way pre dates the new administration.

But far more importantly than any tax issue: there is something deeply offensive and unpleasant about you calling him "Banana".

"O'Banana " is very mild compared to the offensive and unpleasant names used for past presidents!
I for one welcome our new o'Banana overlords. I guess all the foreign and domestic supporters of Obama thought he wasn't really serious about being an anti-business big-gov big-tax socialist?

Obama supporters will claim that he is not responsible for things like this, but it happens on his watch. And he has announced that he will try to increase revenues by closing international tax 'loopholes'. Would Obama's defenders say that Bush was not responsible for what happened during his administration?

I am a US citizen. Presumably, the countries in which IS, CS, FT, DT are located (i.e. Canada,  Italy?, Romania?) are headquartered are signatories to this tax treaty, then why do they not withhold 30% of my income, as a foreigner being paid by them?

alias

« Reply #137 on: May 28, 2009, 12:18 »
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Obama supporters will claim that he is not responsible for things like this, but it happens on his watch.

I'm calling BS on that. US based agencies eg Getty have long required this.

« Reply #138 on: May 28, 2009, 12:32 »
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Just so you guys know, I posted about this on NiltoMil and Shutterstock almost immediately contacted me offering to answer any questions I can't find answers to (previous life I was in law)... so if you have questions, try to accumulate them here or post them to N2M and I'll submit them when I reply to them.  Hopefully having a direct line to some answers will help everyone.


« Reply #139 on: May 28, 2009, 12:37 »
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Just so you guys know, I posted about this on NiltoMil and Shutterstock almost immediately contacted me offering to answer any questions I can't find answers to (previous life I was in law)... so if you have questions, try to accumulate them here or post them to N2M and I'll submit them when I reply to them.  Hopefully having a direct line to some answers will help everyone.



Thanks appreciate it!

« Reply #140 on: May 28, 2009, 12:46 »
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Obama supporters will claim that he is not responsible for things like this, but it happens on his watch.
I'm calling BS on that. US based agencies eg Getty have long required this.
"Obama supporters will claim that he is not responsible for things like this." Thank you 'Alias' for fulfilling my prophecy so quickly.

« Reply #141 on: May 28, 2009, 12:53 »
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I was just banned from the Shutterstock forum. Why I don't know - I kept the tone clean.

How WONDERFUL HUH?

Now I will never figure out how to get all this paperwork done.


« Reply #142 on: May 28, 2009, 12:56 »
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I was just banned from the Shutterstock forum. Why I don't know - I kept the tone clean.

How WONDERFUL HUH?

Now I will never figure out how to get all this paperwork done.

Atleast you have your portfolio there.  Or? have u checked.

« Reply #143 on: May 28, 2009, 12:58 »
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Obviously SS is a privately held company.  Because if it were public, and had a board of directors, a CEO who threw a public tantrum - which accomplished nothing except to alienate contributors and damage the company's image - might very well be out on his ear.  

The tax thing will be worked out in time - but this guy apparently will be around for a while. 



« Last Edit: May 28, 2009, 13:00 by stockastic »

« Reply #144 on: May 28, 2009, 13:04 »
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The CEO rant post has been removed.

« Reply #145 on: May 28, 2009, 13:05 »
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I was just banned from the Shutterstock forum. Why I don't know - I kept the tone clean.

How WONDERFUL HUH?

Now I will never figure out how to get all this paperwork done.

me too! But my port is still there.

I don't understand it. Yes, I complained, but hey, who would not?? I did not insult anyone!!

alias

« Reply #146 on: May 28, 2009, 13:07 »
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Obama supporters will claim that he is not responsible for things like this, but it happens on his watch.
I'm calling BS on that. US based agencies eg Getty have long required this.
"Obama supporters will claim that he is not responsible for things like this." Thank you 'Alias' for fulfilling my prophecy so quickly.

OOOh and look I've even provided evidence demonstrating that he is not responsible.

« Reply #147 on: May 28, 2009, 13:08 »
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The CEO rant post has been removed.

Thats hilarious :)

« Reply #148 on: May 28, 2009, 13:20 »
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Taxes are a pain in the AZZZ!

I'm a US citizen and don't understand why non-US citizen submitters need to be taxed by my country.  It should be set up this way.  Shutterstock pays taxes on money made off of submitters and submitters pay taxes to their country on money paid to them from Shutterstock.

Maybe this is just too fair!! ???

« Reply #149 on: May 28, 2009, 13:27 »
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Can anyone please tell me what a TAX RETURN is ? It states that I should provide the IRS with the W-7 along with my "tax return". What is this? Do I have to include it?


 

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