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need help in understanding the tax form

Forum|Forum|4 years ago
March 13, 2021
2 replies
1215 views

Hi, so i am 19 years old and i am from Pakistan and i don't know nothing about tax and stuff....so i wanted to ask that can i involve my parents and their tax forms and stuff in this adobe contributor tax stuff??

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Correct answer Abambo

Generally taxes are personel. Local tax rules apply. So, you need to look what you need to do in your country.

Abambo

Correct answer

Community Expert

Generally taxes are personel. Local tax rules apply. So, you need to look what you need to do in your country.

ABAMBO | Hard- and Software Engineer | Photographer

Nancy OShea

Community Expert

Withholding is required no matter where you live. Stock won't pay contributors until they submit their withholding forms. It's as simple as that.

What you do with your personal / business taxes in your region is your concern. If unsure, consult a local tax expert, parent/guardian to help you.

Nancy O'Shea— Product User & Community Expert

Nancy OShea

Community Expert

FOR NON-US CITIZENS:

https://helpx.adobe.com/africa/stock/contributor/user-guide.html/africa/stock/contributor/help/Taxes-non-US-citizens.ug.html

Individual Stock Contributor, submit IRS Tax Form W-8-BEN.

Corporate Stock Contributor, submit IRS Tax Form W-8-BEN-E.

Pakistan has a treaty agreement with the United States. The withholding rate is 8% for motion picture and television. 0% for images and others. Treaty Article 8(1).

https://helpx.adobe.com/africa/stock/contributor/user-guide.html/stock/contributor/help/withholding-rates-country.ug.html

See below for instructions on completing Form W-8:

https://www.irs.gov/forms-pubs/about-form-w-8

NOTE: Adobe employees cannot give you tax advice. Please contact a local tax expert. For technical questions, contact adobetax@adobe.com

Hope that helps,

(Moderator corrected USE with US)

Nancy O'Shea— Product User & Community Expert

S

Siyyam5EB7Author

Known Participant

Can you please tell me whether the tax form will only be required to send to adobe once i reach the payout target or i have to send it to adobe anyways??

Nancy OShea

Community Expert

You must submit the withholding form to Adobe regardless. So don't delay.

Download the form. Fill it out and submit it from your Contributor portal.

Nancy O'Shea— Product User & Community Expert

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