W8 Form wtf???? - GoFuckYourself.com

Goose · 03-11-2005, 10:17 AM

I signed up to some new sponsors, and saw that some of them demand a w8 form filled out and sent back.
I was like wtf?? I know it's not new, but I always refused to sign up with sponsors with w8 forms...
Why do they need that?

Not Working · 03-11-2005, 10:21 AM

W8? I think you mean W-9. It is required by the IRS to have on file if you payout an independant contractor for work. They need to send a form 1099 to you at the end of the year if you are an individual, sole prop, or partnership in the United States.

Goose · 03-11-2005, 10:27 AM

I guess it's called w8 for overseas...
but I'm not a "real" worker, I just promote their content like I do with so many other sponsors, and those other ones don't need such a form as well.

After Shock Media · 03-11-2005, 12:10 PM

Quote:

Originally Posted by Goose

I guess it's called w8 for overseas...
but I'm not a "real" worker, I just promote their content like I do with so many other sponsors, and those other ones don't need such a form as well.

Not sure what you mean by real worker, but if you get paid then you are an independant contractor. The US based sponsors that wish to stay on the proper side of the Treasury Department will have you fill one out.

d00t · 03-11-2005, 12:47 PM

pimpinpays.com does not require you to have a w8, w9, w* form.

;)

Boss Traffic Jim · 03-11-2005, 12:50 PM

Quote:

Originally Posted by d00t

pimpinpays.com does not require you to have a w8, w9, w* form.

;)

2 wrongs don't make a right.

polish_aristocrat · 03-11-2005, 12:52 PM

I havent heard of any sponsor who requires any tax forms from Europeans and for sure I woulnd't promote such sponsor.

nmcog · 03-11-2005, 12:56 PM

Europeans get the tax forms if you make enough sales for the US sponsor and they have to prove your a non-US citizen to the US government, include ID etc.

If I'm not mistaken, I recently read about someone from the UK getting it from AFF.

Goose · 03-12-2005, 11:14 AM

Quote:

Originally Posted by nmcog

Europeans get the tax forms if you make enough sales for the US sponsor and they have to prove your a non-US citizen to the US government, include ID etc.

If I'm not mistaken, I recently read about someone from the UK getting it from AFF.

Well bumblecash for example demands such a form from the very beginning and you stay pending if you don't send the form...

Barefootsies · 03-12-2005, 11:16 AM

Uncle Sam. Heh.

Damian_Maxcash · 03-12-2005, 11:23 AM

Quote:

Originally Posted by Goose

Well bumblecash for example demands such a form from the very beginning and you stay pending if you don't send the form...

To even fill in a W8 you need a US tax ID, its I think its called an EID, for non residents - It takes about 12 weeks to get one

Dont plan on getting paid anytime soon.......

They will want your Euro tax ref so you will be paying tax in your home country

If AFF ask me for one then I would have to leave them

polish_aristocrat · 03-12-2005, 12:16 PM

Quote:

Originally Posted by Goose

Well bumblecash for example demands such a form from the very beginning and you stay pending if you don't send the form...

never heard of that sponsor

Goose · 03-12-2005, 12:55 PM

Quote:

Originally Posted by polish_aristocrat

never heard of that sponsor

are you sure? their site's called mac and bumble... I thought they were quite known.

Xenophage · 03-12-2005, 02:04 PM

If a sponsor does not get this info and they are audited then they have to pay big fines and fees. Its is becoming more standard since over the years the biz are starting to get audited and then they get in line. Eeventually all US sponsors will REQUIRE this, Just part of the Biz maturing and becoming more mainstream.

polish_aristocrat · 03-12-2005, 02:09 PM

Quote:

Originally Posted by LegendaryLars

If a sponsor does not get this info and they are audited then they have to pay big fines and fees. Its is becoming more standard since over the years the biz are starting to get audited and then they get in line. Eeventually all US sponsors will REQUIRE this, Just part of the Biz maturing and becoming more mainstream.

do you require from every foreign webmaster, f.e from Sweden, Poland or Argentina to send you some tax forms?

Ron Bennett · 03-12-2005, 06:05 PM

World government is coming closer to reality everyday; many would argue that it's already here.

Countries are increasingly sharing information with others - akin to how the various U.S. states increasingly share information with each other - at one time, most states didn't share much of anything with other states ... often folks who got traffic tickets, etc outside their home state would just skip paying the tickets; many jurisdictions, even now, require payment/bond immediately in large part for that reason ... but anyways, I digress.

To avoid the whole W8 nonsense, one should simply avoid U.S. sponsors - in many respects, that's likely a good idea even for folks who don't mind the W8 stuff, since the U.S. has increasingly become a hostile place to conduct business ... things are exactly dire yet, but they're definitely not as good as they were in the 90s (the devaluing of the dollar doesn't help matters) ... and thus at some point, if not already, is going to adversely affect the performance of some U.S. sponsors.

A quick work-around for folks caught in the W8 trap is to sell their sponsor account to another webmaster.

Ron

Shannon G · 03-12-2005, 07:14 PM

If you are a non-US company/citizen promoting a US sponsor program and YOU DO NOT fill out a w-8, the US sponsor program is required by the IRS to withhold 30% of your commissions.

Damian_Maxcash · 03-12-2005, 07:18 PM

Quote:

Originally Posted by Shannon G

If you are a non-US company/citizen promoting a US sponsor program and YOU DO NOT fill out a w-8, the US sponsor program is required by the IRS to withhold 30% of your commissions.

Dosnt the affiliate end up paying 30% anyway?

Then gets double whamied with paying tax in the home country as well........

I need to do a little research I think, esp if AFF r going to ask for one

Allison · 03-12-2005, 09:21 PM

Quote:

Originally Posted by damian2001

Dosnt the affiliate end up paying 30% anyway?

Then gets double whamied with paying tax in the home country as well........

I need to do a little research I think, esp if AFF r going to ask for one

No, the affiliate ends up getting 1099'd and reporting it themselves to the IRS & paying the % of tax that fits their tax bracket on their tax returns.

~Alli

Allison · 03-12-2005, 09:23 PM

Quote:

Originally Posted by damian2001

Dosnt the affiliate end up paying 30% anyway?

Then gets double whamied with paying tax in the home country as well........

I need to do a little research I think, esp if AFF r going to ask for one

Also, w-9's required by sponsors is becoming more popular because the IRS fines the affiliate program company for every tax ID that doesn't correctly match the payable to name if they do not have a w-9 on file.

~Alli

polish_aristocrat · 03-12-2005, 09:30 PM

Quote:

Originally Posted by Allison

Also, w-9's required by sponsors is becoming more popular because the IRS fines the affiliate program company for every tax ID that doesn't correctly match the payable to name if they do not have a w-9 on file.

~Alli

but we were talking about w-8's here, for international webmasters...

does TopBucks deal with that too?????

Damian_Maxcash · 03-12-2005, 09:35 PM

A little off topic... but if a crackdown is coming it could have something to do with it

It would be interesting to see how much leaves the US economy via non US affs compared to income from non US consumers - and Im not just talking about adult

03-11-2005, 10:17 AM	#1
Goose Confirmed User Join Date: Mar 2004 Location: --------Europe------- Posts: 5,725	W8 Form wtf???? I signed up to some new sponsors, and saw that some of them demand a w8 form filled out and sent back. I was like wtf?? I know it's not new, but I always refused to sign up with sponsors with w8 forms... Why do they need that? __________________ ICQ: 52410619

03-11-2005, 10:27 AM	#3
Goose Confirmed User Join Date: Mar 2004 Location: --------Europe------- Posts: 5,725	I guess it's called w8 for overseas... but I'm not a "real" worker, I just promote their content like I do with so many other sponsors, and those other ones don't need such a form as well. __________________ ICQ: 52410619

03-11-2005, 12:52 PM	#7
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	I havent heard of any sponsor who requires any tax forms from Europeans and for sure I woulnd't promote such sponsor. __________________ I don't use ICQ anymore.

03-12-2005, 11:16 AM	#10
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Uncle Sam. Heh. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

03-12-2005, 06:05 PM	#16
Ron Bennett Confirmed User Join Date: Oct 2003 Posts: 1,653	World government is coming closer to reality everyday; many would argue that it's already here. Countries are increasingly sharing information with others - akin to how the various U.S. states increasingly share information with each other - at one time, most states didn't share much of anything with other states ... often folks who got traffic tickets, etc outside their home state would just skip paying the tickets; many jurisdictions, even now, require payment/bond immediately in large part for that reason ... but anyways, I digress. To avoid the whole W8 nonsense, one should simply avoid U.S. sponsors - in many respects, that's likely a good idea even for folks who don't mind the W8 stuff, since the U.S. has increasingly become a hostile place to conduct business ... things are exactly dire yet, but they're definitely not as good as they were in the 90s (the devaluing of the dollar doesn't help matters) ... and thus at some point, if not already, is going to adversely affect the performance of some U.S. sponsors. A quick work-around for folks caught in the W8 trap is to sell their sponsor account to another webmaster. Ron __________________ Domagon - Website Management and Domain Name Sales

03-11-2005, 10:21 AM	#2
Not Working Confirmed User Join Date: May 2002 Location: L.A. Posts: 225	W8? I think you mean W-9. It is required by the IRS to have on file if you payout an independant contractor for work. They need to send a form 1099 to you at the end of the year if you are an individual, sole prop, or partnership in the United States.

03-11-2005, 12:47 PM	#5
d00t Confirmed User Industry Role: Join Date: Sep 2002 Location: In your mind Posts: 3,766	pimpinpays.com does not require you to have a w8, w9, w* form. ;)

03-11-2005, 12:56 PM	#8
nmcog Confirmed User Join Date: Sep 2004 Posts: 825	Europeans get the tax forms if you make enough sales for the US sponsor and they have to prove your a non-US citizen to the US government, include ID etc. If I'm not mistaken, I recently read about someone from the UK getting it from AFF.

03-12-2005, 02:04 PM	#14
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	If a sponsor does not get this info and they are audited then they have to pay big fines and fees. Its is becoming more standard since over the years the biz are starting to get audited and then they get in line. Eeventually all US sponsors will REQUIRE this, Just part of the Biz maturing and becoming more mainstream.

03-12-2005, 07:14 PM	#17
Shannon G Confirmed User Industry Role: Join Date: Aug 2003 Location: My own little world Posts: 735	If you are a non-US company/citizen promoting a US sponsor program and YOU DO NOT fill out a w-8, the US sponsor program is required by the IRS to withhold 30% of your commissions. __________________ SendingPros.com - Affordable Email Marketing Platform. Automation at Your Fingertips!

03-12-2005, 09:35 PM	#22
Damian_Maxcash So Fucking Banned Join Date: Oct 2002 Location: MaxCash.com Posts: 12,745	A little off topic... but if a crackdown is coming it could have something to do with it It would be interesting to see how much leaves the US economy via non US affs compared to income from non US consumers - and Im not just talking about adult