JustAnswer > Tax
Ask A Question|Register|Login|Help
JustAnswer

Tax

Ask a Tax Question, Get an Answer ASAP!

Have your own Tax question?

4 Tax Professionals are Online Now
characters left:
Not a Tax Question?

Related Tax Topics:

  • Gov
  • ,
  • Irs
  • ,
  • Tax
  • ,
  • Earn
  • ,
  • Fill
  • ,
  • File
  • ,
  • Form
  • ,
  • Year
  • ,
  • Taxed
  • ,
  • Exempt
Bookmark and Share

Question

We are Korean software developer and are going to sell our software through Apple AppStore. My question is whether I have to hand in W-8BEN form with or without EINs. I heard from Korean iphone developer community that if we hand in W-8BEN with EINs then we receive revenue after 10% of tax withholding, and if we fill in 00000 for EINs in W-8BEN then we receive revenue without tax withholding. I also heard that Apple says we do not need to fill in EINs in W-8BEN form, but I am worried if I get tax problem later, because some instruction on W-8BEN says if we don't hand in EIN properly we may be withheld 30% tax. My questions are, 1) Could you explain why those who fill in EINs got 10% tax withholding, and those who does not got no tax withholding? 2) What is the difference between handing in EINs and not, in terms of tax withholding under tax treaty? 3) Are there no chance that IRS tax us higher later as a punishment of not handing in EINs?

Submitted: 48 days and 21 hours ago.
Category: Tax
Value: $30
Status: CLOSED
+
Read More
Posted by LEV 48 days and 15 hours ago.

Answer

According to US-Korea tax treaty - see for reference IRS publication 901 - http://www.irs.gov/pub/irs-pdf/p901.pdf page 9

Income that residents of the Republic of Korea receive for performing personal services as independent contractors or self-employed individuals (independent personal services) in the United States during the tax year is exempt from U.S. tax if the residents:

  • Are in the United States for no more than 182 days during the tax year,

  • Earn income for those services that is not more than $3,000 during the tax year, and

  • Do not maintain a fixed base in the United States for more than 182 days during the tax year.

If they maintain a fixed base in the United States for more than 182 days, they are taxed on the income attributable to the fixed base.

 

See also withholding exemptions for personal services payments - on the page 47 IRS publication 515 - http://www.irs.gov/pub/irs-pdf/p515.pdf

 

Having EIN will not make any difference on withholding.

Let me know if you need any help.

 

48 days and 13 hours ago.

Reply

Hello,

 

I am not working in the US and performing personal service.

My case is a Korean company which wants to sell package software to the US market.

 

Can you give me answer again?

Accepted Answer

I am not saying that you are working in the US...

but you do perform personal services and do sell your products in the US and do receive income from US sources.

You still have two issues - that are separate issues till some extend:

- withholding requirements - that are addressed in the publication 515

- tax liability - which might be based on US-Korea tax treaty.

 

Having EIN will not make any difference on withholding.

But if you need to file an US tax return - you will need EIN.

Let me know if you need any help.

 

Picture
Expert: LEV
Pos. Feedback: 99.3 %
Accepts: 
Answered: 10/5/2009

Tax Preparer

Taxes, Immigration, Labor Relations

+
Read More

Related Tax Questions

  • I filed my taxes already. Since then I have moved. How do I ...
  • I had to hire a Lawyer to protect myself from my ...
  • Do I file taxes if I haven't had a job?
  • i want to file married filing separately, we own everything ...
  • I travel 162 total miles to work each day because I got ...
  • how can i find what companys that trade publicly sell or ...
  • I've sold stock in many different companies this year
  • Where can I find a list of things I can writ off on my ...



Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.
Question List | Become an Expert | Terms of Service | Security & Privacy | About Us
© 2003-2009 JustAnswer Corp.