Canadians needing to fill out W8 forms? - GoFuckYourself.com

AZNNC · 10-19-2009, 07:56 PM

Do we Canadians have to sign W8 with sponors? 5 Years in this scene I've never had the need to, and now a sponsor refuses to release payment till I fill out and send some W8 form?

woj · 10-19-2009, 08:02 PM

just fill out, what's the problem?

CDSmith · 10-19-2009, 08:05 PM

Never heard of a w8 form.

Sponsor didn't tell you you needed one before you sent the joins?

well mannered squirrel · 10-19-2009, 11:18 PM

W8BEN
Practically speaking, It's not you that need it, it's the payor that needs it. Do a quick search on the IRS website, it explains the purpose of the W8BEN pretty well. or you could just google "UBS" and "Swiss Banking"

WiredGuy · 10-19-2009, 11:45 PM

Yeah, W8BEN is for Canadians, its a simple 1 page form that certain sponsors require. Without it, they can withhold 30% of your income as per the IRS.
WG

AZNNC · 10-19-2009, 11:59 PM

Thanks Guys.
First time I've seen this.

Iron Fist · 10-20-2009, 12:01 AM

Every sponsor I promote has never asked for one.... hope it stays that way

I declare all my commission income every year so I don't see a reason why they would need that.

Major (Tom) · 10-20-2009, 12:04 AM

yea a w8 is pretty standard. Especially if you are paying out alot overseas. People have to understand that this isnt a tax free game. Porn is probally the most taxed game in the game. It's not a cash business.
Duke

flashfire · 10-20-2009, 12:20 AM

I dont know about pretty standard...I have promoted 50+ programs and never filled one out

AZNNC · 10-20-2009, 12:21 AM

Yup. Like I said 1st time, I have over 100 differnet sponsors.
I don't wanna start giving my Social Security Number out to random porn companies.
I'll probably fill out their form, get my money and drop them as a sponsor.

Thanks Guys.

10-19-2009, 07:56 PM	#1
AZNNC Confirmed User Join Date: Jan 2005 Posts: 592	Canadians needing to fill out W8 forms? Do we Canadians have to sign W8 with sponors? 5 Years in this scene I've never had the need to, and now a sponsor refuses to release payment till I fill out and send some W8 form?

10-19-2009, 08:02 PM	#2
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	just fill out, what's the problem? __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

10-19-2009, 08:05 PM	#3
CDSmith Too lazy to set a custom title Industry Role: Join Date: May 2001 Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am I located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :) Posts: 51,460	Never heard of a w8 form. Sponsor didn't tell you you needed one before you sent the joins? __________________ *Promote Wildmatch, ImLive, Sexier.com, and more!!* ALWAYS THE HIGHEST PAYOUTS: Big Bux/ImLive SIGNUP ON NOW!!! Put some PUSSYCA$H in your pocket. ICQ me at: 31024634

10-19-2009, 11:18 PM	#4
well mannered squirrel Registered User Join Date: Jul 2009 Posts: 30	W8BEN Practically speaking, It's not you that need it, it's the payor that needs it. Do a quick search on the IRS website, it explains the purpose of the W8BEN pretty well. or you could just google "UBS" and "Swiss Banking" __________________ http://www.vicelike.com

10-19-2009, 11:45 PM	#5
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,483	Yeah, W8BEN is for Canadians, its a simple 1 page form that certain sponsors require. Without it, they can withhold 30% of your income as per the IRS. WG __________________ I play with Google.

10-19-2009, 11:59 PM	#6
AZNNC Confirmed User Join Date: Jan 2005 Posts: 592	Thanks Guys. First time I've seen this.

10-20-2009, 12:01 AM	#7
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	Every sponsor I promote has never asked for one.... hope it stays that way I declare all my commission income every year so I don't see a reason why they would need that. __________________ i like waffles

10-20-2009, 12:04 AM	#8
Major (Tom) Boomer Woffen Industry Role: Join Date: Nov 2003 Location: Null Posts: 30,597	yea a w8 is pretty standard. Especially if you are paying out alot overseas. People have to understand that this isnt a tax free game. Porn is probally the most taxed game in the game. It's not a cash business. Duke __________________ My mother said, to get things done You'd better not mess with Major Tom

10-20-2009, 12:20 AM	#9
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	I dont know about pretty standard...I have promoted 50+ programs and never filled one out

10-20-2009, 12:21 AM	#10
AZNNC Confirmed User Join Date: Jan 2005 Posts: 592	Yup. Like I said 1st time, I have over 100 differnet sponsors. I don't wanna start giving my Social Security Number out to random porn companies. I'll probably fill out their form, get my money and drop them as a sponsor. Thanks Guys.