The US Internal Revenue Service (IRS) regulations state that Forms W-8BEN and W-8BEN-E expire after three years. This means that if you provided us with your tax information in 2015, and haven’t re-submitted since, we are required to invalidate your tax form on 1 January 2019.
If we don’t receive updated tax information from you by 1 January 2019, we will be required to apply Backup Withholding Tax (BWT) at a rate of 24% to all your earnings.
If you think you might need to update your tax form, you can do that now by logging in to your Envato account and visiting the tax information section on the settings page. Tax information provided now will be valid until 1st Jan 2022. You can update your tax information at any time.
The following help articles are available to help you in re-submitting your tax information
- Tax Information & Form W-8 Requirements for non US Authors
- Tax Form W8BENE - Step by step guide - for companies
- Tax Form W8BEN - Step by step guide - for individuals
We’re here to help you with this. You can contact firstname.lastname@example.org with any questions.