As we prepare for Expanding to America, we’re making a change to the way we collect Billing Details for users that have submitted a W-8 or W-9 form for tax purposes.
The information that you enter in your W form must be accurate for compliance with IRS regulations. These forms capture the same information that make up your Billing Details. From today, if you’ve submitted a W form and you want to update your Billing Details you’ll need to submit a new W form with your new information.
We’ve made it easy for you to get to the W submission process from the “Checkout” context and “Personal Information” context, where Billing Details are set.
Under “Invoice & Credit Notes Settings” you now have the option to hide your name and company name on invoices to Buyers.
For those of you who have already submitted a W form, we will update your current Billing Details based on your most recent W submission. This update will apply for your purchases and sales from today.
If you’ve updated your Billing Details since submitting your W then they will be changed back to match your W. If your address has changed since your last W submission then please submit a new one.
As part of this release, we’ve also made it possible for US users to enter a non-US address in their W-9 submission, which has been a minor hurdle for some of you.
Thanks very much and give us a shout if you have any questions.