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justanswer.com and USA IRS taxation

Discussion in 'Business Discussions' started by Admin, Dec 6, 2017.

  1. Admin Spain

    Admin Administrator Staff Member

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    So I've been contacted by justanswer.com (who I have heard of and used once as a customer), they want to implement their system into one of my sites. Just signed up for an affiliate account with them. Now they want us to fill out an IRS form W8 BEN and apparently 30% of any earnings will be taxed from us by the IRS, how can that even be possible. As a non us citizen what the hell have they go to do with my taxation? This doesnt seem right..
     
  2. Domain Forum

    Acorn Domains Elite Member

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  3. Adam H

    Adam H Well-Known Member Exclusive Member

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  4. Edwin

    Edwin Well-Known Member Exclusive Member

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    They're right, and it's a pain. But with a completed W8BEN the 30% shouldn't be withheld any more. But you might need a US tax ID in order to apply for W8BEN status (they've tightened the rules several times recently - it used to be a simple form, but it's a lot more complicated now).

    Added: the W8BEN form for individuals still looks moderately straightforward. The W8BEN-E for companies is a monster.
     
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  5. Admin Spain

    Admin Administrator Staff Member

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  6. Edwin

    Edwin Well-Known Member Exclusive Member

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  7. Admin Spain

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    Just thought I'd come back to this to report that we followed it through (painless) and got up and running with justanswer. It's 1 day in and we've had a conversion, this is going to work - additional income and no downside I can see yet.

    1 day.JPG