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colvil
Joined: 04 Aug 2005
Posts: 460
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Posted: Sat May 30, 2009 3:34 am
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I know allot are watching this intently to see if Portfolios remain here....
fingers crossed for further more acceptable developments it would seem the latest news from SS (only 30% withheld when purchased within the us) is at least an improvement |
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milinz
Joined: 10 Mar 2007
Posts: 3452
Location: Planet Earth
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Posted: Sat May 30, 2009 4:02 am
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| andreiiancu wrote: | non-us, citizens... take your photos down off shutterstock. there are other agencies too, especially ones that deal better with problems like these (irs, taxes, etc.).
we, as contributors, should get what we were told we would, taxes and other fees are shutterstock's business. judging by the fact that the contributor pays the taxes, we sould also pay their rent, internet connection, electricity and water supply.
then get 2 cents per download with an initial statement of 25 cents.
this is absolutely not fair.
it's a shame that one of the richest countries in the world has become so greedy. oh... wait ! that's why they are one of the richest countries in the world. |
Dude I feel symphaty with your anger.
But, Your anger shouldn't be addressed to Shutterstock. It is IRS and us Government who are 'smarties' this time.
Only solution to avoid such 'smarties' is to incorporate business in some other place than USА.
As done by many other originaly founded in USA - now foreign companies due to politizing in international business, management should find the way not to comply to this complicated, time consuming, unjust and not neccessary taxing. |
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magnum
Joined: 24 Feb 2008
Posts: 120
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Posted: Sat May 30, 2009 4:03 am
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| andreiiancu wrote: | non-us, citizens... take your photos down off shutterstock. there are other agencies too, especially ones that deal better with problems like these (irs, taxes, etc.).
we, as contributors, should get what we were told we would, taxes and other fees are shutterstock's business. judging by the fact that the contributor pays the taxes, we sould also pay their rent, internet connection, electricity and water supply.
then get 2 cents per download with an initial statement of 25 cents.
this is absolutely not fair.
it's a shame that one of the richest countries in the world has become so greedy. oh... wait ! that's why they are one of the richest countries in the world. |
Read the latest mail from SS. (It´s also in the forum.) The tax issue seems to be solved.
I would not want to pull my portfolio to see the day after that it was for nothing... |
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sapsiwai
Joined: 08 Jan 2005
Posts: 298
Location: Mauritius
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Posted: Sat May 30, 2009 4:14 am
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The other agencies will soon follow to abide to law.
| andreiiancu wrote: | non-us, citizens... take your photos down off shutterstock. there are other agencies too, especially ones that deal better with problems like these (irs, taxes, etc.).
... |
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milinz
Joined: 10 Mar 2007
Posts: 3452
Location: Planet Earth
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Posted: Sat May 30, 2009 4:15 am
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| sapsiwai wrote: | The other agencies will soon follow to abide to law.
| andreiiancu wrote: | non-us, citizens... take your photos down off shutterstock. there are other agencies too, especially ones that deal better with problems like these (irs, taxes, etc.).
... |
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... or will think about how to make OFFSHORE incorporation to legaly AVOID it!
After all it still is 'double-taxing evasion treaty' - and many people will be double-taxed due to following that rules. Also, many people will must to pay significant money to comply to this strict IRS rules...
Last edited by milinz on Sat May 30, 2009 4:18 am; edited 1 time in total |
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PaulCowan
Joined: 24 Feb 2005
Posts: 4181
Location: Evolving
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Posted: Sat May 30, 2009 4:17 am
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| milinz wrote: | | sapsiwai wrote: | The other agencies will soon follow to abide to law.
| andreiiancu wrote: | non-us, citizens... take your photos down off shutterstock. there are other agencies too, especially ones that deal better with problems like these (irs, taxes, etc.).
... |
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... or will think about how to make OFFSHORE incorporation to legaly AVOID it! |
Or aren't American, anyway. |
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milinz
Joined: 10 Mar 2007
Posts: 3452
Location: Planet Earth
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Posted: Sat May 30, 2009 4:20 am
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| PaulCowan wrote: | | milinz wrote: | | sapsiwai wrote: | The other agencies will soon follow to abide to law.
| andreiiancu wrote: | non-us, citizens... take your photos down off shutterstock. there are other agencies too, especially ones that deal better with problems like these (irs, taxes, etc.).
... |
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... or will think about how to make OFFSHORE incorporation to legaly AVOID it! |
Or aren't American, anyway. |
Well truth is that truth can be very rude when you do business in high-tax environment! If you are taxed and competition isn't taxed my knowledge in economy says that something is wrong with that why someone is and someone isn't taxed... So, avoiding tax on legal way can be advantage!
And that brings us to conclusion to call that tax as discriminative tax!
So if there is any sort of discrimination it is bad for business and that says you must change your position...
So again if you are discriminated you are not competitive or you earn less... If so, you must find other way to not be discriminated! |
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devy
Joined: 17 Dec 2006
Posts: 692
Location: Here Now
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Posted: Sat May 30, 2009 4:26 am
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EXACTLY!!!
This would be very good.
Because supporting the USA in their tax system in either way doesn't feel allright for me.
| sistersnl wrote: |
Maybe they can make an opt in/ opt out of US sales too. |
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g2studio
Joined: 10 Jul 2008
Posts: 323
Location: Naples, Italy
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Posted: Sat May 30, 2009 4:27 am
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well I won't complain if other members are going to remove their portfolio here... I will sell more!!!
AHAHAHAHA |
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milinz
Joined: 10 Mar 2007
Posts: 3452
Location: Planet Earth
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Posted: Sat May 30, 2009 4:34 am
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| devy wrote: | EXACTLY!!!
This would be very good.
Because supporting the USA in their tax system in either way doesn't feel allright for me.
| sistersnl wrote: |
Maybe they can make an opt in/ opt out of US sales too. |
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Yep...
Also, it may say this:
This image is from international contributor. Due to USA tax system this image will be charged 5%-30% (depending on signed treaty) more for all USA buyers. After all why authors (who are exporters) must pay such IMPORT TAX for USA?
Not a wonderful solution but it should be noticed ;-) |
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stellanova
Joined: 01 Jul 2005
Posts: 14
Location: Sofia, Bulgaria
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Posted: Sat May 30, 2009 4:38 am
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By the law SS is only legal to take of 30% from submitters that have at last 3650$ income per year.
http://www.irs.gov/publications/p519/ch08.html#d0e9553
| Quote: | Alternate Withholding Procedure
Your withholding agent may choose to use an alternate procedure by asking you to fill out Form W-4 and the Personal Allowances Worksheet (attached to Form W-4). Use the following instructions instead of the Form W-4 instructions to complete the worksheet.
Line A. Enter the total of the following amounts on line A.
Personal exemption. Include the prorated part of your allowable personal exemption. Figure the amount by multiplying the number of days you expect to be in the United States in 2009 by the daily exemption amount ($10.00). |
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PaulCowan
Joined: 24 Feb 2005
Posts: 4181
Location: Evolving
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Posted: Sat May 30, 2009 4:41 am
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| milinz wrote: | | devy wrote: | EXACTLY!!!
This would be very good.
Because supporting the USA in their tax system in either way doesn't feel allright for me.
| sistersnl wrote: |
Maybe they can make an opt in/ opt out of US sales too. |
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Yep...
Also, it may say this:
This image is from international contributor. Due to USA tax system this image will be charged 5%-30% (depending on signed treaty) more for all USA buyers. After all why authors must pay such IMPORT TAX for USA?
Not a wonderful solution but it should be noticed ;-) |
Not a hope in hell, mate. It would be nice to see the reaction to that, though. |
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milinz
Joined: 10 Mar 2007
Posts: 3452
Location: Planet Earth
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Posted: Sat May 30, 2009 4:44 am
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| stellanova wrote: | By the law SS is only legal to take of 30% from submitters that have at last 3650$ income per year.
http://www.irs.gov/publications/p519/ch08.html#d0e9553
| Quote: | Alternate Withholding Procedure
Your withholding agent may choose to use an alternate procedure by asking you to fill out Form W-4 and the Personal Allowances Worksheet (attached to Form W-4). Use the following instructions instead of the Form W-4 instructions to complete the worksheet.
Line A. Enter the total of the following amounts on line A.
Personal exemption. Include the prorated part of your allowable personal exemption. Figure the amount by multiplying the number of days you expect to be in the United States in 2009 by the daily exemption amount ($10.00). |
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On the other way if we are not in USA then this is not valid...
So are we in USA or we aren't in USA...
If we aren't in USA then we don't have right to exemption which is again discrimination!
;-) |
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slobelix
Joined: 07 Apr 2005
Posts: 235
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Posted: Sat May 30, 2009 4:48 am
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| g2studio wrote: | well I won't complain if other members are going to remove their portfolio here... I will sell more!!!
AHAHAHAHA |
Not quite true. The quantity of good images here helps sell yours too because it attracts byers. If it wasnt so you would sell much more just on your own private web site and you wouldnt need SS, right? If too many people leave it would not be good for SS or the rest of the submitters.So lets try to find solutions for this business to survive for as many of us as possible. |
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PaulCowan
Joined: 24 Feb 2005
Posts: 4181
Location: Evolving
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Posted: Sat May 30, 2009 4:49 am
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That is for foreigners who are working in the US. There is a bit later on about a $5,000 allowance but you have to certify you are not earning any other money in the US - and it probably isn't the section applying to royalties, only to wages.
| stellanova wrote: | By the law SS is only legal to take of 30% from submitters that have at last 3650$ income per year.
http://www.irs.gov/publications/p519/ch08.html#d0e9553
| Quote: | Alternate Withholding Procedure
Your withholding agent may choose to use an alternate procedure by asking you to fill out Form W-4 and the Personal Allowances Worksheet (attached to Form W-4). Use the following instructions instead of the Form W-4 instructions to complete the worksheet.
Line A. Enter the total of the following amounts on line A.
Personal exemption. Include the prorated part of your allowable personal exemption. Figure the amount by multiplying the number of days you expect to be in the United States in 2009 by the daily exemption amount ($10.00). |
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