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Thread: Please help: proper stuck :(


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Permlink Replies: 4 - Pages: 1 - Last Post: May 2, 2012 2:22 PM Last Post By: unknownauthor
unknownauthor

Posts: 58
Registered: 01/03/11
Please help: proper stuck :(
Posted: May 2, 2012 9:29 AM
 
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.... no answer from the email I sent a few days ago to the relevant department, seeking help.

Here's the thing:

I am based in the UK.

I get payments to me via cheque.

I have received my February payment for the Amazon.co.uk payments.

I have NOT received payment from Amazon.com (this total is over $800)

I have it down as 'cheque' for payment and I also have the correct address. Today, a fellow author has asked if I have sent off the required forms.

Had a quick look and to me it reads - they will send me my money less 30% for the IRS (Jeeeeeeeeesus..... wish I could get cash for doing nothing) Is this right? Or do they hold the whole amount until they receive more paperwork? I've been going through the forums and different help places but I can't find a simple, easy to understand answer :(

Also, if I do send this W8-BEN thing off.... do I then get 100% of the royalty payments? Had a look at that form, too, and it confused me to hell!
skookumpete

Posts: 480
Registered: 07/25/11
Re: Please help: proper stuck :(
Posted: May 2, 2012 10:01 AM   in response to: unknownauthor in response to: unknownauthor
 
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You should be getting a cheque for the 70%, regardless.

The paperwork is about applying the terms of the tax treaty, under which you are not subject to taxation on the same income in both countries. If the treaty is similar to the one with Canada, no U.S. tax is payable on royalties. Hence you would get your 100% and declare this as income in the U.K.

Also see this thread: http://forums.kindledirectpublishing.com/kdpforums/thread.jspa?threadID=35609&tstart=0

Message was edited by: skookumpete
unknownauthor

Posts: 58
Registered: 01/03/11
Re: Please help: proper stuck :(
Posted: May 2, 2012 10:45 AM   in response to: skookumpete in response to: skookumpete
 
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Brilliant, thanks for that!

Typically, since posting - Amazon came back to me saying a cheque for $536 was enroute (30% having been taken already)

I managed to find the W-7 form off my own back but, have to say, not entirely happy about sending my passport to the States!

Going to call the Embassy on Friday just to go through the forms to ensure I've done it correctly and see if I automatically get the money withheld sent over to me.

People are right, though. It is a minefield!!!

Thanks for the response and apologies, once again, for the same ol' same ol' question. But, honestly, couldn't find the answer anyway!

Cheers.
skookumpete

Posts: 480
Registered: 07/25/11
Re: Please help: proper stuck :(
Posted: May 2, 2012 1:11 PM   in response to: unknownauthor in response to: unknownauthor
 
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I'm not sure Amazon will refund any money it has already withheld. This is a pain, because if you want to get credit for it against your U.K. tax, you will probably have to file a U.S. return.
unknownauthor

Posts: 58
Registered: 01/03/11
Re: Please help: proper stuck :(
Posted: May 2, 2012 2:22 PM   in response to: skookumpete in response to: skookumpete
 
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Worth a crack - it's worth a couple of hundred quid to me!
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