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Agency Based Discussion => Shutterstock.com => Topic started by: modviz on December 31, 2012, 16:49

Title: Shutterstock Deductions
Post by: modviz on December 31, 2012, 16:49
I've recently started selling footage through Shutterstock. I am Canadian. Group A2. No taxes should be withheld/applied to earnings, however, my recent payout indicated that $30+ US dollars were deducted. I enquired and the response was that the deductions were applied to footage sales.....This is the only agency that I'm aware of that deducts from A2 contributors for footage sales. Am I wrong? Your response would be appreciated. Thanks.
Title: Re: Shutterstock Deductions
Post by: sharpshot on December 31, 2012, 17:13
That's strange.  I've never had money withheld for footage sales with SS.  I presume the tax form applies to footage as well as stills?  I would ask them to look at this again.  If people were having tax withheld for footage sales, I'm sure there would be a big tread about it here, so perhaps this is an error?
Title: Re: Shutterstock Deductions
Post by: modviz on December 31, 2012, 18:38
That's strange.  I've never had money withheld for footage sales with SS. 

Thanks sharpshot. I'll ask them to elaborate. I couldn't find anything dealing with the subject on their forums so I appreciate your response. Happy New Year! :D
Title: Re: Shutterstock Deductions
Post by: modviz on December 31, 2012, 18:54
I found this on Shutterstock's website and I think it clears things up. I'm assuming the reason I'm not taxed with IStock is because they're based in Calgary. Here's the link for anyone interested:

http://submit.shutterstock.com/tax_treaty_countries.mhtml (http://submit.shutterstock.com/tax_treaty_countries.mhtml)
Title: Re: Shutterstock Deductions
Post by: sharpshot on January 01, 2013, 06:43
That's interesting.  It's a shame Canada doesn't get 0% for stills and footage.  Happy New Year.




Title: Re: Shutterstock Deductions
Post by: leaf on January 01, 2013, 08:26
I found this on Shutterstock's website and I think it clears things up. I'm assuming the reason I'm not taxed with IStock is because they're based in Calgary. Here's the link for anyone interested:

[url]http://submit.shutterstock.com/tax_treaty_countries.mhtml[/url] ([url]http://submit.shutterstock.com/tax_treaty_countries.mhtml[/url])


thanks for the link