Shutterstock Photographer Forum :: View topic

nanjmoore · Joined: 23 May 2008 Posts: 326 Location: Georgia

I may (or may not) decide to go exclusive somewhere else. If I do, what are the rules at SS for closing your account? The legal mumbo-jumbo is difficult to understand.

Do I need to wait a certain time after my last upload, or is it after the last download?

What is the amount of time that I have to wait?

slobelix · Joined: 07 Apr 2005 Posts: 242

Thank You very much for the answers :-)

rixie · Joined: 29 Dec 2007 Posts: 3527 Location: Hampshire, UK

mackin43 · Site Admin Joined: 20 Mar 2008 Posts: 427

Taxes are not deducted from earnings, they are deducted only from payments. In other words, if a submitter has not been paid by Shutterstock, he or she will not have incurred any tax liability to the IRS. We will not withhold from daily earnings, only from monthly payouts.

mackin43 · Site Admin Joined: 20 Mar 2008 Posts: 427

1. No
2. We are in the process of implementing a feature on the submit site, after you've logged in, where you can let us know.
3. That's what we're thinking. Perhaps the IRS will allow us to simply use the original email - we hope to know the answer soon.

-jm

[quote="linncurrie"]Thank you for the latest information. Three questions :

1. Will you be withholding for June sales?

2. WHERE do we send confirmation that we are in the process of obtaining the required documents? Do you want proof, ie. scans of what we have obtained so far? Please let us have an email address where we can send this information to.

3. Yes, electronic letter as required by your IRS will be preferred. It will take your letter two weeks to reach South Africa! I have also not received the original email!

TIA
Linn

linncurrie · Joined: 13 Jan 2008 Posts: 106 Location: South Africa

00nl · Joined: 27 Jan 2007 Posts: 21 Location: Paris

[quote="mackin43"]

2. We are in the process of implementing a feature on the submit site, after you've logged in, where you can let us know.

-jm

imagist · Site Admin Joined: 21 Mar 2006 Posts: 246

Yes we will send out an email announcement with next steps.

thx

pling · Joined: 07 Jan 2005 Posts: 149 Location: Malaysia

Do we get to know which image downloaded by US buyer?

[quote="mackin43"]Taxes are not deducted from earnings, they are deducted only from payments. In other words, if a submitter has not been paid by Shutterstock, he or she will not have incurred any tax liability to the IRS. We will not withhold from daily earnings, only from monthly payouts.

PaulCowan · Joined: 24 Feb 2005 Posts: 4183 Location: Evolving

It would be very nice if we could see on our monthly chart how much we have made from US sales and how much from outside.

If there is no extra column for US sales, we will have to wait to the end of the month to find out how much we have made. The information isn't secret because the moment we get paid we know how much has been deducted and therefore what % of sales were in the US.

I like to know on a daily basis how much I am actually making, and I will feel a lot better knowing, for example, whether monday's EL sale was for $28 or for $19.60.

[quote="pling"]Do we get to know which image downloaded by US buyer?

pling · Joined: 07 Jan 2005 Posts: 149 Location: Malaysia

ss do u have answer for this?

[quote="PaulCowan"]It would be very nice if we could see on our monthly chart how much we have made from US sales and how much from outside.

If there is no extra column for US sales, we will have to wait to the end of the month to find out how much we have made. The information isn't secret because the moment we get paid we know how much has been deducted and therefore what % of sales were in the US.

I like to know on a daily basis how much I am actually making, and I will feel a lot better knowing, for example, whether monday's EL sale was for $28 or for $19.60.

mackin43 · Site Admin Joined: 20 Mar 2008 Posts: 427

Hi pling,

No, there will not be a separate a separate column indicating where downloads came from.

Thanks,

-jm

[quote="pling"]ss do u have answer for this?

miklav2 · Joined: 01 Dec 2005 Posts: 210 Location: Belgium

One of the most difficult topics in our discussions is ITIN number that is needed for item 6 of Form W-8BEN.

Interesting information just came to my attention. I was filling Form W-8BEN online for another stock agency, and they state that I do not need any ITIN/EIN or other number. This is what they say:

As long as you are the Rights Holder and from a treaty country – you do NOT need a US Taxpayer Identification Number to claim treaty benefits. Sweet!

If you are from a treaty country and you are NOT the Rights Holder, you will need a US Taxpayer Identification Number (US TIN) to receive treaty benefits.

Even if you are from a non-treaty country, as long as you are the Rights Holder you also do not need a US Taxpayer Identification Number.

Thus if ITIN number isn't required that would mean a great relief for most foreign contributors of Shutterstock.

colvil · Joined: 04 Aug 2005 Posts: 460

I agree with Paul...

at least we should have some reference to how much we can expect at the end of the month and what percentage is being purchased by USA customers, surely it would be more considerate to contributers to supply this info with an extra Column . Would that be so hard to implement? considering the loss we will be taking would have thought it would the thing to do!

Pretty please reconsider :)

Sue

slobelix · Joined: 07 Apr 2005 Posts: 242

No news regarding WHAT is being taxed? Is referral column subject to tax? Its a little unprofessional keeping us in the dark. First You should inform us what is the subject to tax and them ask of us for numbers, papers and documents and not the other way around.