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Submitting W-8BEN tax information Google Play artist hub requires a bank account in a supported country. In order to be paid for your content that is sold on Google Play, artist hub users in the US will submit a W-9 tax form. The Substitute Form W-8BEN & Tax Residency Self-Certification (“W-8BEN”) generally remains in effect from the date of signing until the end of the third subsequent calendar year. So, if your form was signed on any date in 2017, it will expire on December 31, 2020. If your country has a tax treaty with the U.S. and you provide us with a completed W-8BEN tax form, you will be taxed according to the requirements of that treaty.

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What is: Capacity in which acting for the W-8BEN Document

I live in Sweden and there is a tax treaty between Sweden and US. I understand I should fill out the w8 form and send it to the broker. As a result of the US tax law FATCA (Foreign Account Tax Compliance Act), approximately 100 countries and the US have agreed to exchange information. Because of this, financial institutions are required to identify and report the aggregated amounts on accounts held by US persons to the local tax authorities, who will then report to the US Internal Revenue Service (IRS). Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting, is a form that foreign individuals (non-US citizens) or business entities need to verify their country of residence for tax purposes. This form is issued by … If your country has a tax treaty with the U.S. and you provide us with a completed W-8BEN tax form, you will be taxed according to the requirements of that treaty. If there is no treaty, 30 percent of your U.S earnings will be withheld.

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There are many things to learn to become an expert (this is why we have accountants), but the essentials actually are Knowing how to read a Form W-2 can help you get a head-start when preparing your taxes.

I thought that taxes were paid based on the country of the client, not the country of Upwork since Upwork is basically providing a service which we pay 10% (those 10% could be deducted in IRS for example). From what I read, W-8BEN means paying 30% of taxes for any credit I receive in Upwork. For more updated information about Form W-8BEN, read my tax blog post “Understanding Form W-8BEN and W-9 in a Brave New FATCA World. I live in Sweden and there is a tax treaty between Sweden and US. I understand I should fill out the w8 form and send it to the broker.
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What is: Capacity in which acting for the W-8BEN Document

A W-9 form is an official tax document you fill out if you're hired as a contractor, freelancer or vendor for a company. Here's what you need to know about W-9 forms.