Ask Experts Questions for FREE Help !
Ask
    Karuna's Avatar
    Karuna Posts: 2, Reputation: 1
    New Member
     
    #1

    Oct 5, 2006, 09:18 PM
    Tax on Affiliate Commission
    I am an Indian citizen living in India and earning through Affiliate Marketing.

    I want to know about payment made to me through Clickbank towards Affiliate Commission.

    What are the formalities so that no part of my commission income is withheld by the IRS ? Clickbank is asking for W-8BEN. Now, for filling up this form, do I have to have a TIN No. or EIN No. which I have to fill up on Line 6 or can I leave it blank ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Oct 6, 2006, 09:04 AM
    No income earned in India (where you live) is subject to U.S tax.

    You can leave the EIN/TIN number blank.

    Citibank just wants W-8BEN as proof that you are not in the U.S. This meets the letter of the law and keeps the IRS happy.
    Karuna's Avatar
    Karuna Posts: 2, Reputation: 1
    New Member
     
    #3

    Oct 6, 2006, 09:45 AM
    Sincere thanks for your prompt reply

    Karuna
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Oct 6, 2006, 11:12 AM
    Glad to help!

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Affiliate Program Information Manager [ 2 Answers ]

I am looking for a good software program to maintain and monitor various information collected from numerous Internet Affiliate Marketing Programs which I have joined and am now actively promoting. Any suggestions would be most welcome. Please give name of software program and why you like...

I recommand this affiliate program to home business owners [ 3 Answers ]

I joined this site for a few weeks already. Here I want to share my experience with other home business owners. The site is: http://pricingbot.com 1: Easy registration, not asking for credit card; which mean no worry security stuff. 2: Great technical support, they always answer my...

Affiliate [ 1 Answers ]

I am starting a buy/sell business and I need to earn some money. So I am trying to find an affiliate program. I heard on Google answers that there are certain buisnesses (Cruise/Hotel booking) Actually give you a free site and domain and you earn money if you get some one to sign up. Where can I...

How to make money through affiliate program? [ 2 Answers ]

Hi all of you, We finally chosen this affiliate program after a long process of other techniques and methods. How its really works helpful will we get money? Thanks, Romaerio.

Taxation for affiliate commission [ 1 Answers ]

Hi, I am an MBA student from Thailand and now I am studying an MBA in San Francisco. I earn some money from the internet. I am promoting some merchant websites through Google Adwords. When some visitors buy products that I am promoting, I get paid commission. The problem is that 1. I am not a...


View more questions Search