Additional information about withdrawal and withdrawal methods

[Worker404]

Hello, I recently completed the tax form "w-8 ben" Because I live in Egypt. But I have some questions.

1-For me in Egypt, what is the best option out of the three for withdrawal, PayPal/Payoneer/Skrill? Which one will give me the lowest savings and the lowest taxes?

2- Aside from the Adobe Stock cut rate, which will be 15% according to the tax form, will a percentage also be cut when sending money to one of the three platforms, and another percentage when transferring money from the platforms to a credit card?

3-After all this, will a percentage will also be cut when transferring money from a Visa card to Tangible money?

4-Could I have filled out the tax form stating that I was in the United States or not, and what would have happened? "To avoid the 15% tax deduction."

5-Suppose I withdraw $30, for example. After all this, how much will be left? I feel like half the amount will fly away!

[Jill_C]

You definitely can't enter false information on your tax form just to avoid taxes.

Read the terms of each payment service provider to understand what fees they levy.

[Nancy OShea]

Taxes are based on a treaty agreement between the governments of Egypt and U.S.A.  This has nothing to do with your bank. See chart below.

Bank services & fees vary by the bank and region in which you live.  We cannot advise you about which bank you should use because we don't know.  You must sort that out for yourself.

Here in the U.S., I use PayPal which has modest fees for service.  But your mileage may vary in Egpyt.

Good luck.

[Worker404]

Thanks for the clarification.