Joined: 19 Jun 2005
Location: Montreal, Canada
Posted: Wed May 27, 2009 3:46 pm
I printed out this W-7 form and read the instructions: the problem is that when we check Box a - we have to check box h and file "Exception 1d - Royalties income". And in this case we have to provide an official letter from Shutterstock showing our name and account number!!!
SHUTTERSTOCK HAVE TO MAIL US THESE LETTERS ASAP!
Here is the text from W-7 FORM:
"a. Nonresident alien required to obtain an ITIN to claim tax
treaty benefit. Certain nonresident aliens must obtain an ITIN to
claim a tax treaty benefit even if they do not have to file a U.S. tax
return. If you check this box to claim the benefits of a U.S. income
tax treaty with a foreign country, also check box h. On the dotted
line next to box h, enter the appropriate designation for Exception 1
or 2, whichever applies (see Exception 1 and Exception 2 under h.
Other, later). Identify the exception by its number, alpha subsection,
and category under which you are applying (for example, enter
“Exception 1d-Pension Income” or “Exception 2d-Gambling
Winnings”). Also, enter the name of the treaty country and treaty
article number in the appropriate entry spaces below box h and
attach the documents required under whichever exception applies.
For more details on tax treaties, see Pub. 901, U.S. Tax Treaties."
W-7 PAGE 6:
"Documentation you must submit if you are eligible to claim
1(d) A signed letter or document from the withholding agent, on
official letterhead, showing your name and account number, and
evidencing that an ITIN is required to make distributions to you
during the current tax year which are subject to IRS information
reporting or federal tax withholding."