ITIN number.
If you live
outside the USA and do not have an Individual
Taxpayer Identification Number (ITIN),
Smashwords and Amazon (or whoever you are selling your books through) will
withhold 30% tax. However, you are not
obligated to obtain an ITIN if you are happy to live with this fact.
If you
choose to obtain one, the process is as follows:-
Download a
W-7 form from the IRS website along with instructions for filling it out. At the same time, download a W-8BEN
form. When you have uploaded your ebook
onto Kindle Direct Publishing, you will be able to download a letter from them
explaining why you need an ITIN number.
Enclose this letter along with your completed W-7 form and other
necessary identification documents and mail to:-
Internal
Revenue Service
ITIN
Operation
PO Box
149342
Austin, TX
78714-9342
USA
I think
this process takes about six weeks. When
you receive your ITIN number, you then need to fill in W-8BEN forms with your
ITIN number and send them to whoever you are selling through, eg., Smashwords,
Amazon.
Thank you for sharing this information!
ReplyDeletehttp://www.doreenmcgettigan.com
Interesting! I live in the U.S. and wonder what our wacky politicians do with all that "tax" money authors from other nations don't claim?
ReplyDeleteHopefully, authors from other countries will pass the word and obtain their ITIN numbers so tax money is not withheld.
ReplyDeletePerhaps I should shout the process of obtain an ITIN from the highest hill!