Foreign Payment

archie · Dec 2013

Does anyone knows the proper steps and guide for the tax forms?
It is pretty confusing and tedious, which I believe many people including myself, who are not US citizens, here have difficulty doing so.

archie · Dec 2013

Q. What happens if there is no income tax treaty between my country of residence and the United States?
A. We will be required by the IRS to withhold 30% of your revenue share payment and remit these taxes to the IRS. You may want to consult with your tax advisors on whether you can recover these taxes as a foreign tax credit on your tax return.

Does anyone know how to solve this?

BladeofEvilsBane · Dec 2013

Check out this thread, I believe people had the same questions as you: http://www.polycount.com/forum/showthread.php?t=123522

archie · Jan 2014

I have read the thread, however I am still quite confused on what to do if my country does not have tax treaty, and what are the necessary required things to provide.

From the thread, one of them replied that I still need to supply a TIN number?
If so, where do I provide it in my account infos? as the Tax information has no button or whatsoever for me to fill in.

pior · Jan 2014

You could probably send Valve finance an email, as they certainly have dealt with that kind of situation before.

Snowstorm · Jan 2014

If there is no tax treaty with your country you don't need to do anything, Valve has it settled for you. There's no way to avoid the 30% tax in that case AFAIK, though there may be ways to claim tax credit for it in your home country - you'll need to check with your government/tax bureau for that.

Foreign Payment

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