Tax Form W-8BEN for Shutterstock

Tax Form W-8BEN for Shutterstock

Tax Form W-8BEN for Shutterstock

American photobank Shutterstock in May 2009 introduced requirements for authors fill out a tax form that confirms your status of resident / non-resident U.S.. After that eliminated or reduced taxation on the American side, depending on the country of residence. Tax on-line form is filled online photobank Shutterstok once.

Tax Form W-8BEN for Shutterstock

American photobank Shutterstock in May 2009 introduced requirements for authors fill out a tax form that confirms your status of resident / non-resident U.S.. After that eliminated or reduced taxation on the American side, depending on the country of  residence. Tax on-line form is filled online photobank Shutterstok once.

Unfortunately, with some countries (eg, Ukraine, Kazakhstan, Latvia, Estonia) has no full agreement with the U.S. in order to avoid double taxation, so you have to pay between 5% and 15% in favor of the U.S. budget, but only on purchases committed by U.S. buyers . So, in fact it is 1-4% of your gross income per month.
A complete list of countries that have an agreement on the avoidance of double taxation, as well as interest rates on withholding tax from the photos and videos are here.

On the main page of your account must have the following message:

Please note: We are waiting for your tax forms. Please visit our Tax Center for detailed instructions.

Click link: Tax Center.
On the page that contains a variety of information and assistance in choosing the right form.

In most cases, photographers and illustrators suited Group A2 (an individual, a resident of the country with the presence of a tax treaty).
Then you need to go to the online form W-8 BEN Form.

In the tax form W-8BEN is required only three fields.
In the 2. Country of incorporation or organization type in three letters: N / A (the country should not be written!)
In the 3. Type of beneficial owner specify – Individual.
Bottom of the form under the line Please enter your full name as a digital signature in the box below (must match Part I, 1) enter your name exactly as it appears in the box 1.
The remaining fields are not needed.
After the successful completion message appears:

Sometimes, after the successful completion for some time on the main page of your account will be displayed message: Please note: We are waiting for your tax forms. Please visit our Tax Center for detailed instructions. A delay in updating the database photobank, which does not happen immediately.