Membership is FREE, giving all registered users unlimited access to every Acorn Domains feature, resource, and tool! Optional membership upgrades unlock exclusive benefits like profile signatures with links, banner placements, appearances in the weekly newsletter, and much more - customized to your membership level!

justanswer.com and USA IRS taxation

Admin

Administrator
Staff member
Joined
Jun 14, 2004
Posts
11,074
Reaction score
959
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..
 
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..

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.
 
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
 

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

Members online

Premium Members

Latest Comments

New Threads

Domain Forum Friends

Our Mods' Businesses

*the exceptional businesses of our esteemed moderators
General chit-chat
Help Users
  • No one is chatting at the moment.
      There are no messages in the current room.
      Top Bottom