need help in understanding the tax form

New Here ,
Mar 13, 2021 Mar 13, 2021

Copy link to clipboard

Copied

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??

TOPICS
Contributor critique , Contributors , Fotolia , Troubleshooting

Views

146

Likes

Translate

Translate

Report

Report
Community guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn more
community guidelines

correct answers 2 Correct answers

Adobe Community Professional , Mar 13, 2021 Mar 13, 2021
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...

Likes

Translate

Translate
Adobe Community Professional , Mar 13, 2021 Mar 13, 2021
Generally taxes are personel. Local tax rules apply. So, you need to look what you need to do in your country.

Likes

Translate

Translate
Adobe Community Professional ,
Mar 13, 2021 Mar 13, 2021

Copy link to clipboard

Copied

FOR NON-US CITIZENS:

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

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-...

 

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, Adobe Product User & Community Professional
Alt-Web Design & Publishing ~ Web : Print : Graphics : Media

Likes

Translate

Translate

Report

Report
Community guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn more
community guidelines
New Here ,
Mar 13, 2021 Mar 13, 2021

Copy link to clipboard

Copied

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??

Likes

Translate

Translate

Report

Report
Community guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn more
community guidelines
Adobe Community Professional ,
Mar 13, 2021 Mar 13, 2021

Copy link to clipboard

Copied

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, Adobe Product User & Community Professional
Alt-Web Design & Publishing ~ Web : Print : Graphics : Media

Likes

Translate

Translate

Report

Report
Community guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn more
community guidelines
New Here ,
Mar 13, 2021 Mar 13, 2021

Copy link to clipboard

Copied

Alright, thank you very much for the information.

Likes

Translate

Translate

Report

Report
Community guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn more
community guidelines
Adobe Community Professional ,
Mar 14, 2021 Mar 14, 2021

Copy link to clipboard

Copied

LATEST

You're very welcome 🙂

 

Nancy O'Shea, Adobe Product User & Community Professional
Alt-Web Design & Publishing ~ Web : Print : Graphics : Media

Likes

Translate

Translate

Report

Report
Community guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn more
community guidelines
Adobe Community Professional ,
Mar 13, 2021 Mar 13, 2021

Copy link to clipboard

Copied

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

Likes

Translate

Translate

Report

Report
Community guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn more
community guidelines
Adobe Community Professional ,
Mar 13, 2021 Mar 13, 2021

Copy link to clipboard

Copied

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, Adobe Product User & Community Professional
Alt-Web Design & Publishing ~ Web : Print : Graphics : Media

Likes

Translate

Translate

Report

Report
Community guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn more
community guidelines