Affiliate Tax Tips for Non-US Citizens
I'm writing this post with the intention of having a gathering place for this hugely important info. This post is to help get input from everyone who can share their particular country's tax form regulations with their own countrymen & women.
I've seen that I'm not alone in my lack of of tax knowledge, concerning my affiliate commissions. I think more than a few of us are floundering here;)
WE NEED TO KNOW EXACTLY WHAT NUMBERS TO FILL OUT ON OUR AFFILIATE PROGRAM REGISTRATION FORMS.
(OK Terry...tell us how you REALLY feel..LOL).
As affiliate marketers, we are united. And it's likely safe to say that we share the belief that the biggest and most lucrative market to sell to, is the good ol' USA.
So...what to do about being taxed on an even playing field?
When I sign up with Amazon.com or another affliliate network, they ask me for my SSN (Social Security Number), which we don't have in Canada.
We do have a SIN (Social Insurance Number), but from what our own Bigbroian says, we need to instead give them our Tax ID#.
Further, many affiliate networks ask for the W-8BEN tax form. Since the US has a withholding tax of around 30% for workers outside its borders, it would seem crucial for non-US citizens to submit this.
When the IRS sees this, it will tell them NOT to withhold that 30% chunk of money. In other words, a foreign company would be allowed to skip the withholding tax, and not be taxed twice!
Bigbroian, our own Ian, has kindly instructed Canadians to go to the CRA website, and get their Tax ID# to handle the GST in Canada.
hron, our own Hans, shows us the Danish version of the W-8BEN form...this appears to be close to the Canadian version as well.
I have been involved in these questions before...
Please right-click on each link below, then "open in new window", to see some valuable input by our good WA friends here.
Folks, I'm no authority at all in these matters, and in fact I'm inviting everyone involved to please kindly help put us, in all countries, on the correct path here.
If you think this is a vital conversation, please check the little green box below...
Thanks so much!