Us backup holding

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@AeonMusic

isn’t this tax holding for itens sold out to US costumers?

Sort of. You need to fill out the W8 to certify that you’re not a US author, so you don’t get it withheld on all sales. If you fill out the W8 then you’ll only have tax withheld on US sales, and that can be reduced if you fill in your foreign tax ID number.

Buyers Fees, Authors Fees and Tax Withholding.

In my endless quest for maximum efficiency, I thought I’d create a catch-all post that I can refer people to if they have any questions that can be covered with a general explanation of fees and taxes. So here it is! One thing to keep in mind, I’m not employed by Envato, so this isn’t the official company info on this. And… I’m not a tax expert either, so although I’ve ensured the following info is accurate to the best of my knowledge… always best to check with a tax expert before making any de…