TAX

TAX

VLThemes

Dear Author,


As previously advised, it has come to our attention that you have previously withdrawn funds to a country other than the country nominated on your completed tax information. To withdraw to a country other than this country, you will need to provide us with a government issued proof of your residence consistent with the country on your tax form.


If you have a bank account located in the US and don’t have a US TIN and do not provide us with a proof of residence by 6 August 2018, we will be required to apply 28% backup withholding taxes on all your sales until we receive this information.


If you do not have a bank account located in the US and do not provide us with a proof of residence by 6 August 2018, we will be required to apply 30% Royalty withholding taxes on sales made to the US until we receive this information.


It is important you provide us with your proof of residence as we are required to validate the country you have nominated on your tax information  We will not change your tax treatment if you provide us with a valid proof of residence consistent with the country you have nominated on your tax information, within this time frame.


For more information about how our split withdrawals policy works, please refer to the below link.


https://help.market.envato.com/hc/en-us/articles/206852103-Changes-to-Split-Withdrawals-from-January-1st-2016


Thank You,

The Envato Team


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