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My country has a 0% (5%, 10%, 15%) treaty agreement with the USA. How does this work?

Once you properly complete the Form W-8BEN we will withhold at the tax rate specified in your country's income tax treaty.

Example: If your country has a 10% withholding tax rate, and you earn $150 in U.S. source royalties - your net royalty payment will be $135 ($150 - $15 [10% withholding tax] = $135 )

If, however, we license your images to customer outside the U.S., your related royalties will not be considered U.S. source and will not be subject to U.S. withholding tax.

Example: If your country has a 10% withholding tax rate, and you earn $150 in total royalties, $75 of which is U.S. source and $75 is from non-U.S. sources - your net royalty payment will be $142.50 ($150 gross royalty - $7.50 [ 10% tax applied to $75 ] = $142.50)

We're global! Content on Veer will be available for license by customers around the world, so it's quite likely that many of your sales will not be subject to U.S. withholding taxes at all.

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