The best information about W8BEN on KZitem. This is so helpful.
@AnthonyGodinho
5 жыл бұрын
Thanks much Lee. I'm glad you found this tutorial helpful. Thanks for taking the time to leave your feedback...it's appreciated!
@moezinosa8995
4 жыл бұрын
Anthony Godinho i want to ask ,i want to withdraw with payonner from tunecore they ask me to fill out this form ,my question is when i withdraw for example 100$ i will get 100$ on my payonner or they will deduct ,???
@AnthonyGodinho
4 жыл бұрын
Hi @moezino sa I'm not familiar with TuneCore, but I just looked it up. It looks like a digital music distribution platform which uses a revenue-share model of earnings. So, I'm assuming that you receive royalties for the music you've uploaded to the site. If so, this type of US-income will most probably fall under the article on Royalties in the tax treaty. Now, how much you pay in terms of US tax withholding on the payment that is made to you, will depend on what country you are a resident of. And if that country has a tax treaty with the US. You will then have to check the IRS website for the tax treaty document and check the article for Royalties. You will find a link to the tax treaty documents in the description section. Hope this helps!
@moezinosa8995
4 жыл бұрын
Anthony Godinho from tunisia im independent artist so tunecore send request to my payonner account for tax information when i open it i saw 3 type of form so i will follow your video ,
@AnthonyGodinho
4 жыл бұрын
@moezino ok, I just checked the IRS website and there is a tax treaty between US and Tunisia. Like I mentioned in my earlier comment, you should be able to use Article 12(2)-(3) Royalties and the US tax withholding rate is 15%, as per the US-Tunisia tax treaty. Hope this helps!
@bobloblaw6058
3 жыл бұрын
wow this man just saved several years of my life. LIKED AND SAVED
@AnthonyGodinho
3 жыл бұрын
Great to know this tutorial helped Bob. Bear in mind that what you complete in Part II, of the W-8BEN form, will depend on your country of residence and the type of US-income. Thanks for stopping by...cheers!
@kellienunn1399
Жыл бұрын
I’m in Australia… do you have to put in Tax file number TFN ?
@AnthonyGodinho
Жыл бұрын
@kellienunn1399 Hi Kellie, yes, in Part I (Line 6a) of the W-8BEN form, you enter your Australian TFN as your Foreign Tax Identification Number.
@kellienunn1399
Жыл бұрын
@@AnthonyGodinho thank you so much 😊 I filled the form as to your directions just putting “ Australia” as country 😊 This has been extremely helpful 🙏
@AnthonyGodinho
Жыл бұрын
@kellienunn1399 you're welcome Kellie! I'm glad this video helped. The US tax treaty with Canada and Australia are similar in many ways. The Canada tax treaty document uses Roman numerals, while the Australian one uses regular numbers. Also, bear in mind that the article number (and the corresponding US tax withholding rate) that you use will depend on the type of US-income you're earning. Cheers!
@greenerry
4 жыл бұрын
OMG!! the best w-8BEN explanation there is in YT!! you're a life saver, mate!
@AnthonyGodinho
4 жыл бұрын
@larlarghost you're welcome mate! I'm glad this tutorial helped. Cheers!
@jacealbano8677
5 жыл бұрын
The best and complete information about W-8BEN. And I love Canada! 😊🇨🇦🍁👍❤️
@AnthonyGodinho
5 жыл бұрын
Thank much JACE 👍 I'm glad this tutorial was helpful. I love Canada too ❤️Thanks for stopping by...cheers eh! 😊
@ThaiMyStyle
3 жыл бұрын
@@AnthonyGodinho Great advice :)
@nabilaa4259
4 жыл бұрын
Best tutorial ever for this form and with you answering all the questions in the comment section I found the answer to what I had in mind. Thank you so much, God bless you!
@AnthonyGodinho
4 жыл бұрын
@n a b i l a A You're most welcome! I'm glad you found this tutorial helpful. Thanks for taking the time to leave your feedback...it's much appreciated. God bless you too!
@danishalishow
3 жыл бұрын
This is great. Could you please recommend what Pakistani youtubers should write under "specify type of income" in part 2? Is it still "commissions"?
@AnthonyGodinho
3 жыл бұрын
Hi Danish, US-income related to earnings from KZitem can sometimes fall into multiple categories. For example, AdSense, KZitem Partner Program, and Play partners. For Pakistan, the following articles may apply: (1) For Services (such as AdSense) this generally falls under the article Business Profits. However, in the US-Pakistan tax treaty there is no article for Business Profits. So I think you can use Article XI (Personal Services) with a zero US tax withholding rate; (2) For Motion Picture & TV Royalties (such as certain KZitem Movies and Shows and Play partners) it's Article VIII Royalties-Film & TV. As per Tax Treaty Table 1, it says "n/a" for US tax withholding rate; (3) For Other Copyright Royalties (such as Play and KZitem Partner Program) use Article VIII Royalties-Copyright with a zero US tax withholding rate. BTW, I've created a separate tutorial for completing the W-8BEN form for KZitemrs. You'll find the link in the description section. Anyway, hope this helps...cheers!
@geoglobalsolutions
4 жыл бұрын
Anthony you the man, this video just gave birth to my company and unlimited earnings from USA, we hope you enjoy your day, cheers from Colombia
@AnthonyGodinho
4 жыл бұрын
Hi Geovanny, you're welcome! Great to know this video helped. Thanks for stopping by and for your kind words. All the best to you. Cheers from Canada!
@AnthonyGodinho
4 жыл бұрын
BTW, just wanted to clarify because you used the word "company". There are a couple of different W-8BEN forms. One is for individuals (W-8BEN) and one is for businesses (W-8BEN-E). This one is for individuals and I've recently created another video that covers the W-8BEN-E form, which is a bit more complex. Hope this makes sense...cheers my friend!
@geoglobalsolutions
4 жыл бұрын
@@AnthonyGodinho Yes sirr, your absolutely right, I went ahead and watched your video for the W-8BEN-E and I would have to wait until March of next year 2021 to register in chamber of commerce in Colombia, for this year I registered myself as an individual just to get started so I can pay the Colombian tax, once the capital starts rolling in and I register as full company, we can do the W-8BEN-E...my goal is to make this possible for me to move to Canada from Colombia so im stabilizing this years income before I take a trip the Canadian embassy.....I only get one shot at getting approved for a Canadian Visa so I have to make sure I can earn enough to live in Canada and so I can meet all the requirements that will help me get approved and your video is helping us get a step closer to this dream...thanks my friend...
@AnthonyGodinho
4 жыл бұрын
@Geovanny Avendano Moncada that's great my friend! Good decision to start off as an individual and then register as a business. That way you don't have to wait and can already start earning US-income. All the best with the goals you've set for yourself, as well as your dream to move to Canada. May it all come to fruition at the right time. Stay safe and blessed!
@kacktustoo
Ай бұрын
Thank you sooooo much for this and for replying to so many comments, I was able to figure out everything I needed thanks to you.
@AnthonyGodinho
Ай бұрын
You're most welcome! That's great you were able to figure out what you were looking for. I appreciate you stopping by. Cheers!
@perpetuafarcas1026
2 жыл бұрын
Hi Anthony, first of all I want to truly thank you for the hard work put into creating this straight-to-the-point video including all the details needed and for your engangement into helping everyone in the comments section to solve their doubts. I would truly need your help with completing part two. I am a Romanian citizen, with a permanent residence here and I work as an online freelancer for different US companies. What exactly should I write in section 2?
@AnthonyGodinho
2 жыл бұрын
Hi there, you're most welcome...happy to help! Based on the information you provided and looking up the US-Romania tax treaty, you should be able to use Article 14 (Independent Personal Services) or Article 7 (Business Profits). In both the above cases, the corresponding US tax withholding rate would be zero. I'm assuming you're doing project-based work and getting paid for it? If so, you can go with Article 14. For the type of income, you can write "Independent Personal Services". For the explanation part, you can write something similar to what I showed in this video, except change "Canada" to "Romania". Hope this helps...cheers!
@perpetuafarcas1026
2 жыл бұрын
@@AnthonyGodinho thank you so sooo much Anthony for your help and support!
@AnthonyGodinho
2 жыл бұрын
You're most welcome...I'm glad that helped! Sorry, I'm just seeing this comment now. Looks like there was an issue with KZitem comments because I just got the notification for this comment today.
@anamjavaid5200
2 жыл бұрын
@@AnthonyGodinho Can you please guide me regarding walmart. Which article i should use as a Sole Proprieter.
@AnthonyGodinho
2 жыл бұрын
Hi Anam Javaid in order to help you complete Part II of the W-8BEN form, you will need to provide me more details: (1) what is your country of residence; (2) what type of US-income are you earning from Walmart? For example, are you an affiliate and earning affiliate commissions? Accordingly, I will need to look up the appropriate tax treaty document and provide you the details.
@nebulawaxphear
3 жыл бұрын
Exaxtly 3 years later Happy birthday to this post
@AnthonyGodinho
3 жыл бұрын
@Nebula Waxphear wow, nice observation :) Yeah, Happy Birthday to this video!
@tushargoel7674
2 жыл бұрын
Hi Anthony thank you for posting this and for providing the links to the tax treaties. This was much appreciated. I had been racking my brains over part 2 of the form but finally got the much needed clarity through this video. I am a contractor based out of India working full time for a US based company. If anyone is in a similar situation to me I am happy to help as well. Cheers and thank you once again Anthony.
@AnthonyGodinho
2 жыл бұрын
Hi Tushar, you're welcome my friend! Great to know this video helped you complete the W-8BEN form. Yeah, Part II of the form can be nerve-wracking. In your case, you can use Article 7 (Business Profits) or Article 15 (Independent Personal Services). In both cases, the corresponding US tax withholding rate would be zero. Thanks for stopping by...cheers!
@taher-pro
2 жыл бұрын
@@AnthonyGodinho Thank you so much for your valuable advice! @Tushar I was in the same boat as you before reading the answer from Antony, Thanks to you too :) Cheers!
@AnthonyGodinho
2 жыл бұрын
@Taher you're most welcome. Happy to help...cheers!
@hvacstudent967
Жыл бұрын
Having perfected my security interest in my public trust I have to say this was better explanation than the first one I got in reference to this commercial document.
@AnthonyGodinho
Жыл бұрын
Hi there, I'm glad this video helped. Cheers!
@1234davemustaine
2 жыл бұрын
Thank you Anthony, your comments section are a life saver! I have a confusing situation, being an Indian, in the UAE and migrating to the US soon. My bank in UAE has asked for a W-8 for my US based equity investments. The UAE is a zero income tax nation, so in PART II, Section 10, should i plug in exactly what you've shown, ie, replacing Canada for the UAE and keeping everything else the same?
@AnthonyGodinho
2 жыл бұрын
You're welcome Sunil! Based on the information you provided, Part II of the W-8BEN form will not apply to you. Generally, for US-based income related to equities, several articles may apply like: Dividends, Interest, and Capital Gains. However, given that there is no tax treaty between US and UAE, you will not be able to claim tax treaty benefits. So, you would leave Part II blank which means that any US-income related to your equity account (as mentioned above) would be subject to up to 30% in US tax withholding. Hope this makes sense and helps...cheers!
@1234davemustaine
2 жыл бұрын
@@AnthonyGodinho thank you so much! Merry Christmas and Happy Holidays!
@peacekeeper-apexlegends9294
3 жыл бұрын
Thank you!!. Could you please help me out, and tell me which article I use when I'm from Denmark? for number 10 about "Special rates and conditions"? Which article do I refer to in the first one, and which one where you type out the sentences? Thank you so much in advance. I'm asked to do this for my patreon (I don't sell any merch, it's just subscription to support me)
@AnthonyGodinho
3 жыл бұрын
Hi there, you're welcome! Patreon income may fall under several articles depending on the type of US-income: Royalties (for ad-revenue from copyrighted content); Independent Personal Services or Business Profits (for piece work or subscription income); Other Income (for donations). I checked the US-Denmark tax treaty document and tax treaty table 1. Based on the information you provided, in your case, it will most likely fall under Article 7 (Business Profits) or Article 21 (Other Income) for donations. In either of the cases mentioned above, the US tax withholding rate would be zero. You can probably go with Article 7. For the type of income you can mention "Subscription Payments". And for the explanation part, you can write something similar to what I mentioned in the video, except change "Canada" to "Denmark". The article number for "Permanent Establishment" is Article 5. Hope this helps...cheers!
@Rivessound
3 жыл бұрын
Meget relevant spørgsmål. :D
@Raf_Avila
3 жыл бұрын
Thank you so much for this!!! Quick and to the point! You're a life saver!!
@AnthonyGodinho
3 жыл бұрын
You're welcome Raf. Good to know this tutorial helped. Cheers!
@amilcarcarcamo7676
2 жыл бұрын
This was super helpful! Thank you so much! I’m from Honduras and I’m working as a freelance for Upwork and they required this form.
@AnthonyGodinho
2 жыл бұрын
Hi there, you're welcome! Bear in mind that what you complete in Part II of the form will depend on your country of residence and type of US-income. I just checked the IRS website and I don't see a Us tax treaty with Honduras. Therefore, you will not be able to claim tax treaty benefits. So you would not complete Part II of the W-8BEN form. This means that any US-income you earn would be subject to up to 30% in US tax withholding. Hope this makes sense and helps...cheers!
@abladao
3 жыл бұрын
Hey Anthony Godinho, amazing video! Thank you so much. I have a few questions, I'm from Brazil, working for a animation studio on US as a freelance contractor: -On Foreign tax identifying number, I should put my company/personal number related to tax on Brazil? Or is this something else? -And I'm a little confused on what to use on the part II as well. Sorry for the newbie questions, but you are very helpful!
@AnthonyGodinho
3 жыл бұрын
Olá Ricardo, you're welcome! First of all, there are two types of W-8BEN forms: (1) the standard W-8BEN form which is for individuals (independent contractors); (2) and the other one is the W-8BEN-E form for registered businesses. So, if you consider yourself an independent contractor (that is, an individual not a business), then you should complete the W-8BEN form. I have created a separate tutorial for the W-8BEN-E form which is a little more complex. Secondly, Brazil and US are working on finalizing a tax treaty, but currently there is no tax treaty in place. So any resident of Brazil who completes the W-8BEN form will leave Part II blank because they can't claim tax treaty benefits. This means that any US-income you earn will be subject to up to 30% in US tax withholding. In Part I (Line 6) for the FTIN (Foreign Tax Identification Number), you can enter the same tax ID that you use on your tax return in Brazil. Hope this helps. If you have any further questions, feel free to ask...cheers!
@markthomson5534
2 жыл бұрын
Hi Anthony. It’s a great video and I’ve seen the time you have taken to offer replies to all the questions, what a great guy! I am very confused about what how to complete this form. I am a UK citizen and have been in the US for almost 4 years on a non-immigrant visa. I work for a US company. The only address I have is a US address, I don’t have any residence in the UK any more. The only income I make is my US salary and I pay tax. I know the IRS classes me as resident alien for tax purposes even though I am a non-immigrant. I think it might be a good idea for me to speak to my employer and they might be able to help me with this form.
@AnthonyGodinho
2 жыл бұрын
Hi Mark, thanks for your kind words! Based on the information you've provided, your case is a little more complex. Given that you're currently based in the US, but not a US citizen, you are either classified as a "Resident Alien" or "Non-Resident Alien". A Resident Alien is a foreign person who is a permanent resident of the country in which he or she resides (in this case, United States), but does not have citizenship. If you are an alien (not a US citizen), you are considered a Non-Resident Alien unless you meet one of two tests. You are a resident alien of the United States for tax purposes if you meet either the green card test or the substantial presence test for the calendar year (January 1-December 31). Based on the above, looks like you would be classified as a Resident Alien. Also, you mentioned that you pay taxes in the US. So, I believe in your case, the W-8BEN form doesn't apply. Instead, it is the W-9 form that applies. Also, if you you look at the W-8BEN form at the top, in the section "Do NOT use this form if:" it indicates the following: "You are a U.S. citizen or other U.S. person, including a resident alien individual." Yeah, I would suggest that you contact a professional accountant to confirm the above and accordingly let your employer know that it's the W-9 form that you need to complete. Hope this helps...cheers!
@markthomson5534
2 жыл бұрын
@@AnthonyGodinho thanks so much and I will be taking your advice! All the best.
@AnthonyGodinho
2 жыл бұрын
@Mark Thomson you're welcome Mark. If you get a chance, do let me know the outcome. Wishing you the best too!
@temmesmoqueser
Жыл бұрын
Obrigado, Anthony! This was such a head scratcher and you nailed the explanation of section II. Cheers!
@AnthonyGodinho
Жыл бұрын
You're welcome @Handel I'm glad this video helped. Bear in mind that what you complete in Part II of the W-8BEN form will depend on: (1) your country of residence; (2) the type of US-income you're earning. Thanks for stopping by...cheers!
@velonikaetc
2 жыл бұрын
Thank you so much for this video and for answering questions in the comments, the IRS instructions didn't help at all but I found what I was looking for here!
@AnthonyGodinho
2 жыл бұрын
You're most welcome! Great to know this tutorial helped you in completing your W-8BEN form. Thanks for stopping by...cheers!
@madeinhm
5 жыл бұрын
Hi Anthony, thank you so much for uploading such a helpful video. I'm a South Korean, and I've been working as a freelance designer in Korea for the U.S. company. They asked me to fill out W-8BEN form, but I'm not 100% sure how to fill out. Can you please help me complete the form? Much appreciated!
@AnthonyGodinho
5 жыл бұрын
Hi Hyun, you're welcome. I just checked the IRS website and there is a tax treaty between US and South Korea. Based on the information you provided, I believe the type of income will fall under Article 18 (Independent Personal Services). The above mentioned income is exempt from US tax withholding, but there are certain conditions as outlined below: Income that residents of South Korea receive for performing personal services as independent contractors or self-employed individuals (independent personal services) in the United States during the tax year is exempt from U.S. tax if the residents: - Are in the United States for no more than 182 days during the tax year, - Earn income for those services that is not more than $3,000 during the tax year, and - Do not maintain a fixed base in the United States for more than 182 days during the tax year. I'm assuming your main concern is completing Part II? So if the above applies to you, you can complete this part of the W-8BEN form as follows: - Use Article 18 (in Line 10) and zero rate of tax withholding. - Under type of income, you can use: "Independent Personal Services". - And under the explanation part, you can write: "Beneficial owner has permanent establishment only in South Korea and all work is performed in South Korea as per Article 9". Hope this helps!
@madeinhm
5 жыл бұрын
@@AnthonyGodinho Thank you for your prompt reply! Yes, my main concern was Part II. Thank you again for your help!
@AnthonyGodinho
5 жыл бұрын
You're most welcome Hyun. I'm glad this helped...cheers!
@Joshua-jc8qb
3 жыл бұрын
THANK YOU FOR THIS VIDEO. Question, I live in Canada, i don't understand why you wrote (VII seven) in section 10. What does that mean for me? Also the 0% what is that for... just for clarity
@AnthonyGodinho
3 жыл бұрын
Hi Joshua, you're welcome! What you complete in Part II of the W-8BEN form will depend on: (1) your country of residence (in your case Canada); and (2) the type of US-income you're earning. US and Canada have a tax treaty in place, so you can avoid double taxation. However, if you can let me know what type of US-income you're earning, I can look up the US-Canada tax treaty and let you know which article number to use and the corresponding US tax withholding rate. Cheers!
@Joshua-jc8qb
3 жыл бұрын
@@AnthonyGodinho type ; COMMISSIONS
@Joshua-jc8qb
3 жыл бұрын
it would be best if i could figure this out before 7pm pst. Is the type Commissions all you will need? I will be selling a digital product to create live webinar automation. Thank you for going out of your way, you are the best!
@AnthonyGodinho
3 жыл бұрын
You're welcome Joshua! US-income related to commissions may fall under Article VII (Business Profits) or it may also fall under Article XII (Royalties). In both cases, the corresponding US tax withholding rate would be zero. So, for example, if you're doing affiliate marketing by creating your own original copyrighted content (blog post, videos, etc.) and sharing offers via your affiliate links through which you earn commissions, then it will most likely fall under Article XII(2),(3). If not, you can use Article VII. For the explanation part, you can write something similar to what I showed in the video. Hope this makes sense and helps...cheers!
@Joshua-jc8qb
3 жыл бұрын
@@AnthonyGodinho Thank you so much
@eugenetomashy8820
3 ай бұрын
Hi Antony. Thank you for recording this video. I live in Ukraine and I'm gonna work for the US company as a Software engineer. I'm private entrepreneur in my country. And I don't quite know what to write in the tax related (2 part). I still have to pay taxes in my country for sure. But in this form as I understood everything is about US taxes.
@AnthonyGodinho
3 ай бұрын
Hi Eugene, you're welcome! Based on the information you provided and looking up the US-Ukraine tax treaty document, you should be able to use Article 14 (Independent Personal Services) if you are going to work as an independent contractor. For the type of income, you can write "Independent Personal Services" and the corresponding US tax withholding rate would be zero. And yes, the W-8BEN form is related to US taxes and avoiding double taxation because you will be paying taxes in Ukraine. For the explanation part, you can write something like "Beneficial owner has a permanent establishment only in Ukraine and all work is performed in Ukrainea as per Article 5". Hope this helps...take care and stay safe!
@royfranc
3 жыл бұрын
Thankyou, I thought this would be scary, you made this so easy, the best on KZitem
@AnthonyGodinho
3 жыл бұрын
You're welcome Roy! I'm glad this W-8BEN form tutorial helped. Bear in mind that what you complete in Part II will depend on the type of US-income you earn and which country you're a permanent resident of. Thanks for stopping by...cheers!
@Holsp
5 жыл бұрын
Hey, great video cartainly helped me a lot, I was wondering thou where can I find information about part II, As for Czech Republic I couldn´t really find anything connected, I am just trying to sell stuff online that´s it and this form really scares me, anyway if you could tell me where to find this information I would really appriciate that! Also how am I supposed to sign when its on a computer?
@AnthonyGodinho
5 жыл бұрын
@Holsp I checked the IRS website and there is a tax treaty between US and Czech Republic. In order to determine exactly which article applies to you, you need to determine the type of US income. From the information that you provided it's difficult to say if you're earning commissions or actually selling your own products online. Which company has requested you to complete the W-8BEN form? In terms of signing the form, if the company has asked you to complete and sign the form, you will need to print it, manually complete it and then scan it (into a PDF document). Hope this helps. If you can provide further details about the type of US income you're earning and the company name, I will do my best to help you determine which article you can potentially use. Cheers!
@Holsp
5 жыл бұрын
@@AnthonyGodinho Hello and thanks for that, I am trying to sell my merchandise on a platform called "Spreadshirt" and I get commision from every sold piece.
@AnthonyGodinho
5 жыл бұрын
@Holsp Hi again - ok, thanks for providing additional details. I'm not familiar with Spreadshirt, but I just looked it up. I'm assuming you create your own copyrighted designs and when anyone purchases merchandise with your designs, you get a commission from the purchases? If so, you can use Article 12 (Royalties). The US tax withholding rate will be up to 10%. For the explanation part you can write something similar to what I wrote, except change "Canada" to "Czech Republic". And the article number for Permanent Establishment is Article 5. Hope this helps!
@Holsp
5 жыл бұрын
@@AnthonyGodinho sorry to bother but what is the difference between Article 5 and 12? Does 5 mean that I have an actual shop in the US?
@AnthonyGodinho
5 жыл бұрын
@Holsp no problem. Article 5 (Permanent Establishment) determines whether you're eligible to claim tax treaty benefits. So essentially, if your permanent establishment (fixed based) is in the Czech Republic, you can claim the lower US tax rate. In your case, you can claim 10% as opposed to the standard 30%. The Article 12 (Royalties) pertains to the type of US income you earn, which is commissions on copyrighted work. Hope this makes sense and helps!
@niwacompaq124
6 жыл бұрын
Hi Anthony I am from New Zealand and am wanting to sell mugs via a site called Gearbubble. I make designs then upload them onto mugs and then they ship them out for me from the states. Does the explanation you gave for tax treaty benefits apply to me? Just not sure about the line about all worked being performed (in my case New Zealand) applying, as they are being made somewhere else. Simon
@AnthonyGodinho
6 жыл бұрын
Hi Simon, I just checked Gearbubble and looks like it's very similar to sites like Zazzle (or even Amazon) through which you receive commissions for products sold. In essence, you're not producing any of the products yourself. Instead, these products are being manufactured by the company itself and you're just creating the designs and uploading to their site. So when anyone buys the products (with your design), you can get a commission from the sale. If my understanding is correct, then pretty much the same thing (other than your Permanent Establishment being New Zealand) applies to you, in terms of what you complete in your the W8-BEN form. New Zealand has a similar Tax Treaty (like Canada does) with the US. In fact, the Article numbers are same as well. That is, Article 7 covers tax exemption; and Article 5 covers Permanent Establishment. And yes, the same explanation that I used, in Line 10, would apply to you. This is assuming that you are indeed based in New Zealand and the Permanent Establishment in Article 5 is true for you. You can can the link in the description section to check the full tax treaty document for New Zealand and US. Hope this helps...cheers!
@niwacompaq124
6 жыл бұрын
Awesome - Thank you Anthony for taking the time to reply, I really appreciate that
@AnthonyGodinho
6 жыл бұрын
You're most welcome Simon!
@designcadman5402
5 жыл бұрын
Thank you Anthony for the information. I have the same situation with Gearbubble But im from of Algeria , can I do the same ?
@AnthonyGodinho
5 жыл бұрын
You're welcome @designcadman I checked the IRS website and I could not find a tax treaty between US and Algeria. So I'm assuming that there isn't a tax treaty in place. If so, you would leave Part II blank and only complete Part I and Part III. This would mean that any income you earn from US sources could be subject to up to 30% tax withholding. Hope this helps!
@IvermectinFTW
4 жыл бұрын
Thank you for taking the time and trouble to explain this so clearly Anthony
@AnthonyGodinho
4 жыл бұрын
You're welcome Andrew. I'm glad this tutorial helped. Thanks for stopping by!
@Krizz139
2 жыл бұрын
Hello Anthony I just wanted to thank you for your easy to follow video, you explained everything really well as most people are relatively lost when it comes to filling out these type of forms.
@AnthonyGodinho
2 жыл бұрын
Hello Christine, you're welcome! I'm glad this video helped. Please bear in mind that what you complete in Part II of the W-8BEN form will depend on: (1) your country of residence; (2) and the type of US-income you're earning. Appreciate you stopping by. Cheers!
@Krizz139
2 жыл бұрын
@@AnthonyGodinho hi Anthony thank you. Is uploading digital artwork for POD products in marketplaces such as Red bubble, gear bubble considered 'commission' ? Thank you
@AnthonyGodinho
2 жыл бұрын
You're welcome Christine! Yes, in most cases, US-income earned via POD sites, that you mentioned above, would be considered revenue-share commissions. However, in most of these cases, the article that would apply is Royalties (Copyright). In many of the US tax treaties, including Canada, the corresponding US tax withholding rate is zero. That being said, this US tax rate can vary between 5% to 15% depending on the tax treaty. Hope this makes sense and helps...cheers!
@Krizz139
2 жыл бұрын
@@AnthonyGodinho Thank you for your reply. So therefore for 10 would I need to specify commissions or royalties? Company would be a Gibraltar Company, sole trader
@AnthonyGodinho
2 жыл бұрын
@Christine Bossa no problem, happy to help. Yes, you can specify "Copyright Royalties" as the type of income in Part II (Line 10).
@ashithinking6429
2 жыл бұрын
Let me say thank you to you from Japan, my home country.Thank you so much for sharing this very informative video! I managed to fill in Form 8-BEN completely with watching your video and looking at your useful advices for other people's comments here. URL links to IRS official documents were also useful for my researching.
@AnthonyGodinho
2 жыл бұрын
You're most welcome! Great to know that this tutorial helped you complete your W-8BEN form. ありがとうございました for stopping by and for your kind words of appreciation. It's greatly appreciated. Stay blessed!
@area1084
3 жыл бұрын
Ok, that was epic. Thank you Anthony, it was litterally as though you were sat opposite me helping me fill in the form. No nonsense, just straight forward here's what to do in 60 seconds flat!
@AnthonyGodinho
3 жыл бұрын
@Area108 you're welcome my friend! I'm glad this tutorial helped. Thanks for your kind words...much appreciated! BTW, the article number that you use will depend on the type of US-income you're earning and of course the country of your residence (based on the specific tax treaty). Thanks for stopping by...stay blessed!
@HectorHernandez-ck9zs
5 жыл бұрын
Anthony, you're the man. Your video saved me time and money. Keep up the good work.
@AnthonyGodinho
5 жыл бұрын
Hi Hector, I'm glad this tutorial helped. Thanks for taking the time to leave your feedback. It's appreciated...stay blessed my friend!
@simon_k4551
5 жыл бұрын
Top man - cleared up a few questions in seconds. Many thanks.
@AnthonyGodinho
5 жыл бұрын
@Simon_k695 you're welcome! I'm glad this tutorial helped answer some questions for you. Thanks for stopping by...cheers!
@Chadmax
Жыл бұрын
Thank you, this really helped me out.
@AnthonyGodinho
Жыл бұрын
You're welcome my friend! I'm glad this video helped. Please bear in mind that what you complete in Part II of the W-8BEN form will depend on your country of residence and the type of US-income you earn. Thanks for stopping by...cheers!
@SinghinUSA
5 жыл бұрын
Thank you so much. This video was really helpful.
@AnthonyGodinho
5 жыл бұрын
You're welcome Harnoor. Glad this tutorial helped. Thanks for stopping by!
@SinghinUSA
5 жыл бұрын
@@AnthonyGodinho I am also a KZitemr. I have another quick question, if I can send my patreon money to my parents bank account and I am 18+. Or can my parents fill the W-8BEN Form? Thank you so much. you are amazing
@AnthonyGodinho
5 жыл бұрын
Hi Harnoor, yeah, I just checked one of your videos and left you a comment :) Wishing you all the best in all your endeavors. Now in terms of your questions: (1) I've personally not used Patreon, so I'm not a 100% sure about this. But, from what I read, if you are a US creator you have the option to receive your payout via PayPal or to your checking account (via direct deposit). I'm not sure if you can do a direct deposit to your parent's account. Since you're 18+ you should be able to receive payments directly to your account without written permission from a parent or guardian. (2) In terms of the W-8BEN form, I'm assuming this relates to your Patreon income while you are in the US? The W-8BEN form is non-US residents. If you are a resident of the US, you may be considered a "Resident Alien". If so, you would have to complete the W-9 form, instead of the W-8BEN form. You may have to look up "Substantial Presence" test. If the above doesn't apply to you and you've been requested to complete the W-8BEN form, then if you do file your own taxes, you would have to complete the W-8BEN form. Hope this helps. I'm stepping out for lunch now, but if you have any follow-up questions, I'll check back later. Cheers!
@DragedaPoemsLyrics
3 жыл бұрын
appreciated this!
@AnthonyGodinho
3 жыл бұрын
I'm glad this tutorial helped...stay blessed!
@anachronicmind1922
Жыл бұрын
THANK YOU SOOOOOOOOO MUCH!!!!!!!!!!!!!!!! I COULDN'T HAVE DONE IT WITHOUT YOUR HELP!!!!!! A MILLION THANKS!!!!!!!!!!!!
@AnthonyGodinho
Жыл бұрын
You're very welcome! Good to know this video helped. Bear in mind that what you complete in Part II of the W-8BEN form will depend on your country of residence and the type of US-income you earn. Thanks for stopping by...cheers!
@catherinewhit
4 жыл бұрын
This form always confused me. Thank you for doing this video. All clear now!
@AnthonyGodinho
4 жыл бұрын
You're welcome Catherine! Yeah, the W-8BEN form can be confusing. I'm glad this tutorial helped. Thanks for stopping by...cheers!
@syedhasan7761
4 жыл бұрын
Brief but powerful. Thanks for explanations. God bless you. Thanks
@AnthonyGodinho
4 жыл бұрын
You're welcome Syed. Good to know this tutorial helped. Thanks for stopping by. God bless you too!
@mainulislam22
4 жыл бұрын
Thank You for saving my time, you just explained pretty much everything within 3 minutes.
@AnthonyGodinho
4 жыл бұрын
You're welcome Mainul! I'm glad this tutorial helped. For Part II, just make sure to use the tax treaty between your country of residence and the US. As well as, use the article that applies to the type of US income you're earning. Stay safe!
@mainulislam22
4 жыл бұрын
@@AnthonyGodinho I am unable to understand tax treaty between us and my country which is Bangladesh. Could you help me with this?
@AnthonyGodinho
4 жыл бұрын
@Mainul Islam what type of US-income are you earning? This will help you identify the article to use and the corresponding US tax withholding rate.
@mainulislam22
4 жыл бұрын
@@AnthonyGodinho I am working for a Real Estate Investment company as a Virtual Assistant and get paid Commission based.
@AnthonyGodinho
4 жыл бұрын
@Mainul Islam Ok, I think in your case, it would be Article 15 (Independent Personal Services) that would apply based on the US-Bangladesh tax treaty. The US tax withholding rate would be zero. For the type of income you can mention "Virtual Assistant". And for the explanation part you can write something similar to what I showed in the video, except change "Canada" to "Bangladesh". Hope this helps!
@JaydeVincentx
4 жыл бұрын
You are the best!!! Made this so easy. Thank you!!!!!
@AnthonyGodinho
4 жыл бұрын
You're welcome Jayde! I'm glad this tutorial helped...cheers! 👍
@PictorialVibes
5 жыл бұрын
This is very good information on W8-BEN form. Thanks so much, Anthony!
@AnthonyGodinho
5 жыл бұрын
You're welcome @PictorialVibes I'm glad this tutorial was helpful!
@PeculiarFinds
4 жыл бұрын
Many thanks for uploading this, I am in the UK and have payments being with held until I do this form. Would have been f**ked as to which form to complete if I had not found this video! Nice one .
@AnthonyGodinho
4 жыл бұрын
@Peculiar Finds you're welcome! I'm glad this tutorial helped. Yeah, most companies will withhold payments if they don't receive the W-8BEN form duly completed. Thanks for stopping by and stay safe!
@bschroe1
3 жыл бұрын
You're a life saver. Thanks, Anthony!
@AnthonyGodinho
3 жыл бұрын
@bschroe1 You're welcome! I'm glad this tutorial helped. BTW, the article you use in Part II will depend on the type of US-income you're earning and your country of residence. Cheers!
@CanadianBakin42O
3 жыл бұрын
Thanks dude. Had to do this for my Google AdSense account for my Channel. This video was really helpful.
@AnthonyGodinho
3 жыл бұрын
You're welcome man! I'm glad this tutorial helped. Cheers!
@CanadianBakin42O
3 жыл бұрын
@@AnthonyGodinho Cheers fellow Canadian!
@mario-off-topic
6 жыл бұрын
Thanks a lot. You just saved me a lot of time. (I watched the pre-roll ad :-) )
@AnthonyGodinho
6 жыл бұрын
You're welcome. I'm glad this tutorial was helpful. Thanks for stopping by!
@ClassysWorld
Жыл бұрын
Hello Anthony, thank you so much for this insightful video, I've been looking all over the internet for it and oh God I'm so glad I came across your video thank you so much. Could you please help me with Part 2? So I'm a musician (and producer) from Republic of Moldova and would love to sign with ASCAP to collect royalties from my music. Also will that same thing work for being a KZitemr? Thank you so much in advance. Have a great one 👍🏻
@AnthonyGodinho
Жыл бұрын
Hi there, you're welcome! Moldova is one of the former Soviet Republics which is now covered by the treaty with the Commonwealth of Independent States (CIS) formerly known as the Union of Soviet Socialist Republics (USSR). In terms of income related to music royalties, I believe it will fall under Article III(1) "Income Subject to Tax" of the US-USSR tax treaty and the corresponding US tax withholding rate would be zero. As far as I know, for KZitem AdSense income, it will fall under Article IV(1) "Income of Representation" and the corresponding US tax withholding rate would be zero. However, on KZitem there are several types of income, so if you're claiming copyright royalties, including for motion pictures and TV royalties, it will most likely fall under Article III(1). Hope this makes sense and helps...cheers!
@ganda9933
4 жыл бұрын
Great video Anthony - thanks for sharing this and helping many people in the process.
@AnthonyGodinho
4 жыл бұрын
You're most welcome. Thanks for stopping by!
@Steven_Beddall
3 жыл бұрын
Absolute KZitem LEGEND
@AnthonyGodinho
3 жыл бұрын
Aww, thanks bro! BTW, the article number that you use in Part II of the form will depend on the type of US-income you earn. For example, US-income like commissions can also fall under the article Royalties. Cheers!
@Steven_Beddall
3 жыл бұрын
@@AnthonyGodinho Cool, any idea what article it would be for a music producer earning licensing income from his/her music being included on a music library like Audiojungle, Pond 5? Cheers!
@AnthonyGodinho
3 жыл бұрын
Hi again Stevie, I believe licensing income related to music would fall under Royalties Article XII(2), (3). The US tax withholding rate would be zero, except if it is related to Film & TV (as per Tax Treaty Table 1), in which case it would be 10%. Hope this helps...cheers!
@Steven_Beddall
3 жыл бұрын
@@AnthonyGodinho That helps a lot, thanks so much!
@AnthonyGodinho
3 жыл бұрын
@Stevie B Music you're most welcome!
@alexj4725
Жыл бұрын
Really helpful video. Thanks a ton!
@AnthonyGodinho
Жыл бұрын
You're welcome Alex. I'm glad this video helped...cheers!
@dellzshotbeats9163
3 жыл бұрын
Thanks man, thought this was more technical 👍
@AnthonyGodinho
3 жыл бұрын
You're welcome man! Bear in mind that, what you complete in Part II of the W-8BEN form will depend on the type of US-income you're earning and country of residence.
@dellzshotbeats9163
3 жыл бұрын
@@AnthonyGodinho yeah it's commissions and royalties for me 🙏💯
@AnthonyGodinho
3 жыл бұрын
@DellzShot Beats ok, then in your case, I believe it's the article on Royalties that will apply. So based on which country you're a resident of, you will need to look up that tax treaty and refer that article for the US tax withholding rate. You will find the link to the official US tax treaties in the description section. If not, you can let me know and I can look it up for you. BTW, there are different type of royalites which are outlined in Tax Treaty Table 1. Cheers!
@dellzshotbeats9163
3 жыл бұрын
@@AnthonyGodinho I'll have a look but a second opinion would be great thanks, grateful 🙏
@dellzshotbeats9163
3 жыл бұрын
@@AnthonyGodinho Found It.. I've go to select Article 14
@liveloveGlam
3 жыл бұрын
Thank-you!
@AnthonyGodinho
3 жыл бұрын
You're welcome!
@JPValdes
3 жыл бұрын
Thank you! Answers all my questions.
@AnthonyGodinho
3 жыл бұрын
You're welcome JP. I'm glad this video helped...cheers!
@marcsingh7329
3 жыл бұрын
Amazing video bud! So much help! Thanks from 🇨🇦
@AnthonyGodinho
3 жыл бұрын
You're welcome bud! I'm glad this tutorial helped. Stay safe and blessed!
@LanreLordHaliax
3 жыл бұрын
THANK YOU I just got one of these and was looooost. Thank you thank you thank you
@AnthonyGodinho
3 жыл бұрын
You're welcome! I'm glad this video helped. Bear in mind that what you complete in Part II of the W-8BEN form will depend on your country of residence and type of US-income.
@kohiiii_
8 ай бұрын
Hello, Anthony! This was a very helpful video and I appreciate the time and effort you put into it. 6 years later, it's still as relevant as ever! You're an angel for answering everyone's questions like this. The world needs more people like you. I'd like to ask for guidance as a contractual freelancer from the Philippines who is going to work for a US company. Based from the other comments, I gathered that I'm supposed to use Article 15 (Independent Personal Services) which indicates a 15% tax withholding rate. For the additional conditions, I'm not sure which article to refer to for the "permanent residence" line. Is it Article 3? Any help would be greatly appreciated!
@AnthonyGodinho
8 ай бұрын
Hey there! Thanks for your kind words. I do my best to respond to every question I get and will definitely help you as well. Based on the information you provided and looking up the US-Philippines tax treaty document, yes you're right about the article. You can use Article 15 (Independent Personal Services) but the US tax withholding rate would be zero. Also, you don't need to quote any paragraph, just the article. For the explanation part you can write something similar to what I've used except change "Canada" to "Philippines". The article number for Permanent Establishment is Article 5. Hope this helps my friend and Happy New Year. All the best for the year ahead...cheers!
@kohiiii_
8 ай бұрын
@@AnthonyGodinho Oh, the US tax withholding rate is zero for my case? I thought it was 15%. Thank you for clarifying that! Have a great 2024 and know that so many people appreciate you, Anthony!
@AnthonyGodinho
7 ай бұрын
Hi again, yes that's correct, in your case, it's zero not 15%. Thank you for your good wishes. Stay blessed!
@ricar2
2 жыл бұрын
Fast and to the point, tks very much
@AnthonyGodinho
2 жыл бұрын
You're welcome Ricardo! I'm glad this tutorial helped. Please bear in mind that what you complete in Part II of the W-8BEN form will depend on which country you're a permanent resident of; and the type of US-income you're earning. Thanks for stopping by...cheers!
@ricar2
2 жыл бұрын
@@AnthonyGodinho cool, I'm a motion designer in Brazil, could you point me where i could look to get this specific info in my case?
@AnthonyGodinho
2 жыл бұрын
Hello again Ricardo, Brazil and US are working on finalizing a tax treaty, but currently there is no tax treaty in place. So, in your case, given that you're based in Brazil, you will leave Part II (of the W-8BEN form) blank because you can't claim tax treaty benefits. This means that any US-income you earn will be subject to up to 30% in US tax withholding. Hope this makes sense and helps...cheers!
@ricar2
2 жыл бұрын
@@AnthonyGodinho tks for the help, up to 30%? well thats gonna hurt. :(
@AnthonyGodinho
2 жыл бұрын
You're welcome Ricardo! Yeah, I hear you...that's a lot to pay in US taxes. Additionally, you'll have to pay your taxes in Brazil as well. However, you may want to check with your accountant if you're able to claw-back some or all of it, when you file your taxes in Brazil. Also, you may want to keep an eye on when the US-Brazil tax treaty is completed and implemented, and accordingly resubmit your W-8BEN form to any company or individual (in the US) through whom you're earning US-income. All the best to you amigo!
@anamariatiganus6379
2 жыл бұрын
Such valuable information you gave us! Thanks a lot! 🙏👏
@AnthonyGodinho
2 жыл бұрын
You're welcome Anamaria! I'm glad this video helped. Stay blessed!
@JPMarques
4 жыл бұрын
Thanks for this awesome content and for simplifying this red tape thing. It's been helping a lot of people!
@AnthonyGodinho
4 жыл бұрын
@JP Marques you're welcome...stay safe!
@markvictoriano8110
3 жыл бұрын
thank you so much!!!!!! IT HELP ME ALOT!!!!! I EVEN GOOGLE THE ARTICLE AND STUFF!!!!
@AnthonyGodinho
3 жыл бұрын
You're welcome Mark! I'm glad this video helped. I just responded to your other comment and questions. Hope it helps...cheers!
@WA_YT
4 жыл бұрын
In section 10 on part 2, is the info you provided the same say for UK residents?
@AnthonyGodinho
4 жыл бұрын
Hi there, no, what I've completed in this form pertains to Canadians. And what article number is used also depends on the type of US-income. The US and UK have a tax treaty in place. So you'd have to check that particular tax treaty document on the IRS website (check link in the description section). Depending on what type of US-income you're earning, you'd have to accordingly use that article number and check the details like the US tax withholding rate. Hope this helps!
@Christ_TheGreat
3 жыл бұрын
Thank you! I was looking to fill this on facebook and wasn't sure how to. Thank you
@AnthonyGodinho
3 жыл бұрын
You're welcome Christian! I'm glad this tutorial helped. BTW, the article that you use in Part II will depend on the type of US-income you're earning and your country of residence. Cheers!
@Christ_TheGreat
3 жыл бұрын
@@AnthonyGodinho yes. Thank you. I will just need some Time yo make sure everything is well filled haha.
@AnthonyGodinho
3 жыл бұрын
Ok that's great Christian. Cheers!
@boneharmony7674
3 жыл бұрын
Thank you verry much ❤️❤️🙏🏾🙏🏾🙏🏾💯💯💯💪🏾 you are the best!!!!
@AnthonyGodinho
3 жыл бұрын
You're welcome bruh. I'm glad I was able to help you with this. Cheers!! 👊❤️🙏
@KadrianThomas
4 жыл бұрын
Very helpful information. It’s straight forward and to the point.
@AnthonyGodinho
4 жыл бұрын
You're welcome Kadrian. I'm glad this tutorial helped. Cheers!
@verapotocek6321
4 жыл бұрын
Hello Anthony, I tried to listen , but it is lagging real bad, I am renting my condo unit in US, using the rental program with my Timeshare company. They sent me this form W-8BEN to fill out. I have to say I am totally lost. They also sent me this NOTE: ["For our Owners whose residency is outside the US using our rental program that do not have a social security number new government regulations require a W-8 BEN form to be filled out and returned with your rental agreement. In addition new government tax laws require us to withhold 30% of your rental proceeds due to you to pay end of year taxes."] I have no idea what to enter into Part 2. Can you help ? Or anyone else ? I am Canadian, with no accounts in US and no SSN. Thank you .
@AnthonyGodinho
4 жыл бұрын
Hi Vera, this particular situation is a bit outside the realms of my expertise, but from my limited knowledge, I think this type of US-based income will fall under Article VI (Income from Real Property) of the US-Canada tax treaty (you'll find a link in the description section). The article doesn't specifically mention a tax withholding rate, so I'm assuming it is 30%. I believe you should have two options: (1) Pay 30% of US tax withholding on gross rent with no requirement to file a US tax return. For Canadian tax purposes, you will be required to file a Canadian income tax return and pay income tax on a net rental income. Essentially, you report the gross rental income on your tax return, deduct rental expenses and pay tax on the difference. You may be able to claim a foreign tax credit for the 30% of US withholding, to reduce or eliminate double taxation. (2) In the second option, you can file a US non-resident tax return and pay taxes on net rental basis. I believe it is Form 1040NR. Essentially, you would treat your rental income as a US trade or business. This option may be a little more cumbersome, but the benefit under this option is that your net rental income is subject to US tax at your marginal tax rate. This tax may be lower compared to the amount of US tax withholding you would pay on the gross rental income under option 1 mentioned above. You'd still have to declare this rental income when you file your Canadian tax return. Hope this makes sense and helps. I would highly recommend that you contact a professional accountant so you choose the best option and don't end up paying more taxes than you should. Cheers!
@verapotocek6321
4 жыл бұрын
Thanks very much for a detailed reply. Very much appreciated. V.
@AnthonyGodinho
4 жыл бұрын
You're most welcome Vera!
@cjcormier8111
5 жыл бұрын
Wow This video helped a lot!! Thanks for the information had no clue what to put in part II :)
@AnthonyGodinho
5 жыл бұрын
@CJ Cormier you're welcome! I'm glad this tutorial helped. Bear in mind that the information in Part II will depend on which country you have a permanent establishment and whether that country has a tax treaty with the US. The Article number and the US tax withholding rate, that applies to you, will depend on the type of US-based income that you earn. Cheers!
@25CashOnline
2 жыл бұрын
this really helped, thanks
@AnthonyGodinho
2 жыл бұрын
You're welcome! Bear in mind that what you complete in Part II of the W-8BEN form will depend on your country of residence and the type of US income you're earning. Cheers!
@Massa_38
4 жыл бұрын
Thank You. The same way for Uzbekistan citizens?
@AnthonyGodinho
4 жыл бұрын
@Massa you're welcome! The process is similar, but the US-Uzbekistan tax treaty is quite different and light compared to the Canadian one. I believe the tax treaty that applies to Uzbekistan is the same one as the one for Commonwealth of Independent States (CIS). Check Article III in the tax treaty (you'll find the link to all the tax treaties in the description section) and see if the type of US-income falls in this article. If so, the US tax withholding rate is zero. Hope this helps!
@saharabeats
5 жыл бұрын
Hey Anthony, I'm from The Netherlands and I'm producing music for a tv show that will be broadcasted in the US. I will get paid royalties and an upfront fee. Do I only have to fill in my social security number in section 6? Or do I need to get an ITIN and fill that in in section 5 too?
@AnthonyGodinho
5 жыл бұрын
Hi @Saharabeats are you referring to the Sofi number which I'm assuming is the Social Insurance Number you use for tax purposes in The Netherlands? Also, I'm assuming your "Permanent Establishment" is in The Netherlands? If so, yes, that should suffice in Part I (Line 6). Also, for your type of income, I think Article 13 (Royalties) will apply. Hope this helps. Cheers!
@saharabeats
5 жыл бұрын
@@AnthonyGodinho thanks for your response! Where did you find Article 13? I clicked the link to the tax treaties in the description but couldn't find one for The Netherlands, although I'm pretty sure the US and The Netherlands have a tax treaty
@AnthonyGodinho
5 жыл бұрын
You're welcome @Saharabeats Yeah, I think the main IRS page for the tax documents is missing the link to the US / Netherlands tax treaty document. I don't want to post the link here because I may get flagged for spamming, but you can Google search "tax treaty document us and the netherlands" and you will find the link on the IRS website. Hope this helps.
@crosky2731
4 жыл бұрын
I dont understand how to fill in my electronic signature
@AnthonyGodinho
4 жыл бұрын
@Itz Crosky you can print the W-8BEN form, complete it and then manually sign it. Once you've done so, you can scan it and save it as a PDF document.
@miguelelvis
3 жыл бұрын
This was really really helpful thank you and I agree with Lee WJ this is the best info available.
@AnthonyGodinho
3 жыл бұрын
You're most welcome Miguel! Good to know this tutorial helped. Stay safe and blessed!
@blinddog1212
3 жыл бұрын
Very helpful-clear and to the point. Thanks!
@AnthonyGodinho
3 жыл бұрын
@blinddog1212 you're welcome. I'm glad this tutorial helped...cheers!
@CarnivoreIam
4 жыл бұрын
Thanks I was looking on how to complete it for Australia. This is so helpful thanks.
@AnthonyGodinho
4 жыл бұрын
You're welcome TeAnne! Yeah, the process of completing the W-8BEN form for Australians is the same. Based on the type of US-income you're earning, you'd look up the US-Australia tax treaty and choose the respective article. It will provide you the necessary details to claim tax treaty benefits in Part II of the form. Cheers!
@fredriksjodin83
4 жыл бұрын
@@AnthonyGodinho Hello Anthony, amazing video, thank you so much. QUESTION: I am in Sweden and promote US affiliate products online. Would you say that it is Articel 7 for me as well? I found this URL, is this correct? www.irs.gov/pub/irs-trty/sweden.pdf ... And what about % rate of withholding? Thx a million man, appreciate you!
@AnthonyGodinho
4 жыл бұрын
Hi @Fredrik Sjödin you're welcome! For the US-Sweden tax treaty document, check the link in the description section. It has the tax treaty documents for all countries with which the US has a tax treaty. They are all listed down in alpha-order. Sorry, I avoid posting links in the KZitem comments section because I've gotten flagged for spamming. Hope it helps!
@AnthonyGodinho
4 жыл бұрын
@Fredrik Sjödin yes, that's the correct link to the US-Sweden tax treaty.
@AnthonyGodinho
4 жыл бұрын
@Fredrik Sjödin commissions earned from affiliate marketing can fall under Article 12 (Royalties). For example, if you promote affiliate marketing via your original copyrighted content, then that would fall under Royalties.
@ganeskmr
5 жыл бұрын
Sir this form is for all countries thank u sir.
@AnthonyGodinho
5 жыл бұрын
Hello @ganeskmr yes, this W-8BEN form is for all countries. However, the details that you complete, especially in Part II (to claim tax treaty benefits) will depend on the specific tax treaty for that particular country. US has tax treaties with several countries and you can check the link in the description section to see the list. Also, the article numbers that you use will depend on the type of US income you earn. Hope this helps!
@ganeskmr
5 жыл бұрын
@@AnthonyGodinho Great sir thanks for the reply. i want to open a US stock trading account from india so that company ask to this form so i check from you tube and i got ur video thanks for the information.
@AnthonyGodinho
5 жыл бұрын
@ganeskmr you're welcome bro! US and India have a tax treaty in place. For stock trading the articles that may apply to you, include Article 10 (Dividends), Article 11 (Interest), and Article 13 (Gains). The US tax withholding rate for capital gains varies from state to state. For Dividends, the US tax withholding rate is up to 25%. And for Interest, it's up to 15%. I would suggest contacting a professional accountant so you don't end up paying more taxes that you should. Hope this makes sense and helps!
@ganeskmr
5 жыл бұрын
@@AnthonyGodinho thank u sir
@gregmcevoy1
2 жыл бұрын
Many thanks for this.
@AnthonyGodinho
2 жыл бұрын
You're welcome Greg! Bear in mind that what you complete in Part II of the W-8BEN form will depend on: (1) which country you're a permanent resident of; and (2) the type of US income you're earning.
@bluepondconsultancy
Жыл бұрын
Thank you for your information
@AnthonyGodinho
Жыл бұрын
You're welcome. I'm glad this helped...cheers!
@amiijohnson9212
2 жыл бұрын
This is very helpful, clear and concise. Just to be clear, If I fill out the W8-BEN form while working out of Canada then I move to a different country, then I would need to fill out a new form depending on the specific Treaty agreement of said country?
@AnthonyGodinho
2 жыл бұрын
Hi Amii, I'm glad this video helped! Yes, your understanding is correct. If you move to another country that has a tax treaty with the US, and you will be a resident there for most part of the year, you will need to resubmit the W-8BEN for with the updated details. Not all countries have a tax treaty with the US, so if you are a resident of a country that doesn't have a tax treaty with the US, you would not complete Part II of the W-8BEN form. This means that any US-income you earn would be subject to up to 30% in US tax withholding. Hope this helps!
@amiijohnson9212
2 жыл бұрын
@@AnthonyGodinho very helpful, really appreciate it.
@jeffbguarino
4 жыл бұрын
Section 8 in the autofill will not accept dashes between month date and year , you must put / forward slash, even though it has this in the example above that !!! Well thought out document .
@AnthonyGodinho
4 жыл бұрын
@Jeff Guarino for me when I completed the electronic form, it accepted the "-" in Part I (Line 8).
@curtisnemechek592
3 жыл бұрын
Thanks for your help--informative and to the point!
@AnthonyGodinho
3 жыл бұрын
You're welcome Curtis! I'm glad this tutorial helped. Part II of the W-8BEN form will depend on the type of US-income you earn and whether the country you reside in has a tax treaty with the US. Thanks for stopping by...cheers!
@adventago
3 жыл бұрын
Thank you for the super helpful advice :)
@AnthonyGodinho
3 жыл бұрын
You're welcome! I'm glad this tutorial helped. Bear in mind that what you complete in Part II of the W-8BEN form will depend on your country of residence and the type of US-income you're earning.
@adventago
2 жыл бұрын
@@AnthonyGodinho Thank you :)
@NickRobertsMarketing
3 жыл бұрын
legend, thanks for this, that was easy as
@AnthonyGodinho
3 жыл бұрын
@Resourceful Marketing you're welcome. I'm glad this tutorial helped. Cheers!
@marionbassoulet8873
2 жыл бұрын
Hi ! What would be written on the Part II 'Claim of tax treaty benefits" for a French individual (not a business) uploading pictures and videos on Adobe Stock ? I'm so struggling with this ! Thank you so much !
@AnthonyGodinho
2 жыл бұрын
Hi Marion, I'm not fully aware of Adobe Stock, but I'm assuming that you upload your copyrighted images and videos on their platform and share a commission based on sales made from your uploaded media? If so, based on the US-France tax treaty, you should be able to use Article 12(1) Royalties. The corresponding US tax withholding rate would be zero. For Type of Income, you can write "Royalties". For the explanation part, you can write something similar to what I showed in this video, except change "Canada" to "France". The article number for Permanent Establishment in the US-France tax treaty is Article 5. Hope this helps...cheers!
@AllainEsquivel
3 жыл бұрын
Good Lord! Thank you for this!!! :D
@AnthonyGodinho
3 жыл бұрын
You're welcome Allain. I'm glad this tutorial helped...cheers!
@cikgulinda422
3 жыл бұрын
Thank you for the guide. Appreciate it! Thanks!
@AnthonyGodinho
3 жыл бұрын
You're welcome Linda! Bear in mind that there is no tax treaty between the US and Malaysia. So in your case, you would leave Part II blank because you cannot claim tax treaty benefits. This means that any US-income that you earn would be subject to up to 30% in US tax withholding. I'm obviously assuming you're from Malaysia based on your KZitem profile :) Cheers!
@cikgulinda422
3 жыл бұрын
@@AnthonyGodinho omg, thankss.. i hv to update again hehe..
@cikgulinda422
3 жыл бұрын
@@AnthonyGodinho ya im from Malaysia
@AnthonyGodinho
3 жыл бұрын
@B2 LINDA RAJUN you're welcome. Ok, I'm glad I made mention of it then. Stay safe!
@billymacmakes
4 ай бұрын
I just found this wonderful video and updated my W8BEN form for my little youtube channel. But I have a question - will this help retroactively? I've been monetized since 2021 and they have withheld each of the last 3 years. Will filling out this form correctly now, get me that money? Do I need to do something else? Thanks!!
@AnthonyGodinho
4 ай бұрын
Hi Billy, you're welcome! I'm glad this W-8BEN form video helped. Actually, I created a separate video for completing the W-8BEN form for KZitem channels since it's a bit different compared to this manual form. You should find the link in the description section or in my W-8BEN forms playlist. In terms of your question, I don't think it will be retroactive. KZitem had given us a deadline to complete this form by May 31, 2021. That being said, you can reach out to KZitem and see if they can make it retroactive.
@davidcleal9960
Жыл бұрын
Hi Anthony, you're a god send in clarifying this confusing issue for me. I'm living in Australia and I'm setting up a print-on-demand partnership with an American firm that require this form to be filled out. They will be taxing me at 30% as the standard deduction on commissions made if I leave Part II blank. Do I use your same example in filling out my form also?
@AnthonyGodinho
Жыл бұрын
Hi David, based on the information you provided and looking up the US-Australia tax treaty document (including Tax Treay Table 1) from the IRS website, I think you will be able to use Article 12(2) for POD (Print-on-Demand-type of US-income. The corresponding US tax withholding rate would be 5% (instead of the standard 30%). For the type of income you can specify "Copyright Royalties". And for the explanation, you can write something similar to what I showed in the video, except change "Canada" to "Australia". The article number for Permanent Establishment is Article 5. Hope this helps...cheers!
@amanuelteklat
3 жыл бұрын
Thanks so much. I was looking fot that...
@AnthonyGodinho
3 жыл бұрын
You're welcome Amanuel. I'm glad this tutorial helped...cheers!
@lovlymee
Жыл бұрын
Thank you Anthony, i have a question: since a lot of countries are incorporated within the US, for example, The State Of The Netherlands, the IRS forms apply? all of their own laws and statutes are under the color of the law? Thank you for responding.
@AnthonyGodinho
Жыл бұрын
You're welcome Mo. Yes, as far as I know, if you want to claim tax treaty benefits on your US-income, while you're based in the Netherlands, you will need to complete and submit the W-8BEN form. If not, any US-based income you earn may be subject to up to 30% in US tax withholding. Hope this helps...cheers!
@mz-nk5zw
Жыл бұрын
Hi Anthony thanks for the great video it’s very helpful. Quick question though I have to fill a w-8ben form out. I live in the UK but invest in US stock which pay dividends. What should I be put down in section 10 ? Which article should I put down ?
@AnthonyGodinho
Жыл бұрын
Hi there, you're welcome! Based on the information you provided, for US-income related to stocks, there are several articles that may apply. Based on the US-UK tax treaty documents, these are the articles that will most probably apply. Capital Gains (Article 13), Dividends (Article 10), and Interest (Article 11). In terms of the US tax withholding rate: for dividends it's up to 15%; for interest it's zero; and for capital gains it doesn't provide any specific tax rate, so I'm assuming the standard 30% rate would apply. Hope this helps...cheers!
@TheNovakReport
3 жыл бұрын
Thank you, Anthony. This was helpful.
@AnthonyGodinho
3 жыл бұрын
You're welcome Eric. I'm glad this tutorial helped...cheers!
@TheNovakReport
3 жыл бұрын
I did refer this onto another content creator here in Canada as he still needed to get this done. I'd imagine your analytics for this video might see a spike as we get closer to the May 31st deadline. It might even make sense to put a couple dollars behind it to promote it on social media channels. I thought to look for an online tutorial for the W-8BEN, but others might need to be prompted. Cheers!
@AnthonyGodinho
3 жыл бұрын
Thank you Eric! Yeah, you're right - with the May 31st deadline fast approaching, I've received questions from many KZitemrs. I've actually created several tutorials on the W-8BEN form. This specific one is for completing it manually. But, I recently created a separate tutorial specifically for those completing it internally via their KZitem accounts because it's a little bit different, due to the different types of US earnings. Also, I have a separate tutorial for the W-8BEN-E form which is related to business entities. That one is a little more complete and a much longer form. In many cases, what is completed in Part II (claiming tax treaty benefits) will depend on the type of US-income. There are different articles in the tax treaties for different types of income, for different countries. Thanks for stopping by Eric. I will be sure to drop by your channel. I see you have many interesting automotive reviews. Cheers bud!
@brianle9871
4 жыл бұрын
Thank You.
@AnthonyGodinho
4 жыл бұрын
You're welcome Brian!
@patchesadamd
Жыл бұрын
In addition to my previous comment, I wanted to ask if I should write "business profits" for "type of income" for article VII?
@AnthonyGodinho
Жыл бұрын
Hi there, I responded to your question on the other comment you left earlier.
@HorrorbleGamer
3 жыл бұрын
Huge thanks from SA
@AnthonyGodinho
3 жыл бұрын
You're welcome. I'm glad this tutorial helped. Bear in mind that, what you complete in Part II of the W-8BEN form will depend on the type of US-income and the US-South Africa tax treaty. Cheers!
@HorrorbleGamer
3 жыл бұрын
@@AnthonyGodinho Got it! Thanks again!
@renethegurly
6 ай бұрын
Appreciate the help
@AnthonyGodinho
6 ай бұрын
You're welcome Renē!
@dancing_reaper2046
3 жыл бұрын
THANK YOU THANK YOU THANK YOU !
@AnthonyGodinho
3 жыл бұрын
You're most welcome my friend. I'm glad this tutorial helped. Thanks for stopping by...cheers!
@danielstanley817
Жыл бұрын
Hi Anthoney. Thanks for the help this form was confusing. What do I need to put for part 10. I live in the UK and working on commission from marketing.
@AnthonyGodinho
Жыл бұрын
Hi there, you're welcome! Based on the information you provided and looking up the US-UK tax treaty, you should be able to use Article 12(1) Royalties. The corresponding US tax withholding rate would be zero. For the type of income you can write "Commissions". And for the explanation part you can write something similar to what I showed in this video, except change "Canada" to "UK". The article for Permanent Establishment is Article 5. Hope this helps...cheers!
@LibsElliott
4 жыл бұрын
This was so helpful! Thank you!
@AnthonyGodinho
4 жыл бұрын
You're welcome Elizabeth. Great to know that this tutorial was helpful. Cheers!
@BibiCameron
3 жыл бұрын
great info. Thanks .
@AnthonyGodinho
3 жыл бұрын
You're welcome Bibi. I'm glad this tutorial helped...cheers!
@Wilkensvaldor
3 жыл бұрын
Thanks for the help
@AnthonyGodinho
3 жыл бұрын
@flyJify you're welcome!
@delthorpe223
4 жыл бұрын
Very helpful, many thanks.
@AnthonyGodinho
4 жыл бұрын
You're welcome George. Glad this tutorial helped...cheers!
@aharshephotography
5 жыл бұрын
Thanks for this video. this is very helpful.. I was confused for the line 6 in section 2.
@AnthonyGodinho
5 жыл бұрын
You're welcome Akshay. I'm glad this tutorial was helpful. Thanks for stopping by!
@aharshephotography
5 жыл бұрын
Another quick question is the tax % rate always 0? (I am in Canada as well) or I should put whatever they have mentioned in the article.
@aharshephotography
5 жыл бұрын
Oh and I am looking at Article 12(2) for royalties on Stock photos and stuff. They say maximum %10 so would that be 10% in the form then?
@AnthonyGodinho
5 жыл бұрын
Hi Akshay, I'm not a 100% sure in terms of the Royalties category (in your case). It could be that your income falls under Business Profits or Gains. In some cases, taxes are payable for royalties (for example public entertainers) as per information on the IRS website (in the "Canada" section). I will post the quote at the end of this comment. Also, under Article XII (Royalties) and Paragraph 5, it makes mention of "Permanent Establishment" which I believe applies to you. What I mean is that, I'm assuming that in your case, your "Permanent Establishment" is Canada, in which case, your income would be tax exempt (unless it falls under the quotes mentioned below). Hope this helps, but I would suggest that you consult with a professional accountant, just to be sure. Here is the quote from the IRS website I mentioned above: "Public entertainers (such as theater, motion picture, radio, or television artists, musicians, or athletes) from Canada who derive more than $15,000 in gross receipts, including reimbursed expenses, from their entertainment activities in the United States during the calendar year are subject to U.S. tax."
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