Question about w-8ben form's part2 section,I need help
Posted: Wednesday, December 05, 2018 9:12:49 PM
Hi!!!!I'm a new comer in Zazzle.
I am writing down w-8ben form.Because I'm a Korean.
But problem is that I don't know what to write down in part 2 section on my w-8ben.
For tax treaty between South Korea(republic of korea) and US,I have to write down part 2 section correctly.
W-8ben review team sent me a help link,but it's so complicated.It's not helpful.
I need someone to help me in the easiest way.

This is the part I am struggling with part 2 on my w-8ben form
****************
part 2 line 10 The beneficial owner is claiming
the provisions of Article and paragraph( )
of the treaty identified on line 9 above to
claim a( )% rate of withholding on (specify type of income):
( ).
Explain the additional conditions in the Article and paragraph the
beneficial owner meets to be eligible for the rate of withholding:
( ).
****************

What should I fill in ( )s????
Please help me.....
Posted: Thursday, December 06, 2018 1:06:08 AM
icecream_factory wrote:
Hi!!!!I'm a new comer in Zazzle.
I am writing down w-8ben form.Because I'm a Korean.
But problem is that I don't know what to write down in part 2 section on my w-8ben.
For tax treaty between South Korea(republic of korea) and US,I have to write down part 2 section correctly.
W-8ben review team sent me a help link,but it's so complicated.It's not helpful.
I need someone to help me in the easiest way.


I'm not a tax expert, but I had to figure out what my own country's treaty meant, so this is my take on it. Firstly, this is the treaty for South Korea: https://www.irs.gov/pub/irs-trty/korea.pdf

The type of earnings for Zazzle is royalties for your artistic work. This is Article 14 of that treaty. The paragraph is trickier, but I'd read it as being paragraph 2 with a rate of 10%.

You are eligible for this because you are a resident of the Republic of Korea who will be earning royalties for your artistic work. They can be picky about the wording of this bit, so you might have to try a few rewords.
Posted: Thursday, December 06, 2018 3:08:57 AM
thanks....so helpful^^
Users browsing this topic
Guest


Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
Print this topic
RSS Feed
Normal
Threaded