Why Filing Form W-8Ben Good for Non-US Sellers !

Form W8 Ben

Form W8 BenWhen you earn income by providing services inside the U.S., section 1441 of the Internal Revenue Code lays down that payer needs to withheld tax from payments made to foreign vendors unless the income is exempt under a tax treaty between the foreign vendor’s country and the U.S.A. That is the reason, a US establishment, be it Amazon or Smashwords or any other US entity, informs you about the need to update and fill your tax information form -8Ben-failing which they will deduct U.S. federal income tax at 30 percent from payments.

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