I have got nthis message in my mail after submitting my software in concanyon,What can I do now?
Tax information required on Envato Market
Hi biddut_hossain,
We noticed that you just uploaded an item on Envato Market, nice work! Be ready for your first sale by entering your tax information now using the link below.
If we don’t receive tax information from you by the time you make your first sale, we will be required by the US Internal Revenue Service (IRS), to apply Backup Withholding Tax (BWT) at a rate of 24% to your worldwide earnings - even if you are not from the US.
We’re here to help you with this. Read the following article for more information, and please contact us at taxinfo@envato.com with any questions.
Tax Information and Requirements for Authors
Jane
Envato Tax Team
Update your tax information here