If you earn income on impact.com taxes won’t be withheld. Partners based in the United States or partners that work with brands based in the United States need to submit an electronic tax document to comply with US tax law.
impact.com requires you to submit one of the following tax forms electronically:
Form | Persona | Registered Location | Description |
---|---|---|---|
All | U.S. based | For all partners based in the United States (for all individuals and entities). | |
Individuals | Non-U.S. based | For individuals not in the United States partnered with brands based in the United States (i.e., you're operating by yourself and not operating as an entity in your country). | |
Entities | Non-U.S. based | For entities not in the United States partnered with brands based in the United States (i.e., you're operating as an organization or company in your country). | |
Individuals or entities | Non-U.S. based | For individuals or entities not in the United States and receiving U.S.-sourced income connected to U.S. trade or business. | |
Non-U.S. governments or tax-exempt entities | Non-U.S.-based governments/entities | For non-U.S. governments or other tax-exempt entities to certify they are the beneficiary or financial account holder. | |
Non-U.S. third-party entities | Non-U.S. based entities | For non-U.S. entities that are the intermediary or flow-through entity receiving payments on behalf of another. |
Below is a list of criteria to keep in mind when filling out your W-8 and W-9 tax form information in order to avoid being placed on a payment hold:
Make sure you make a treaty claim if your permanent residence address is located in a country in which the U.S. has a tax treaty.
If you make a treaty claim, make sure you provide a U.S. or Foreign Taxpayer Identification Number (TIN).
If you are submitting a Form W-8 as a non-U.S. person, make sure you don't state you are a U.S. person for tax purposes and/or provided information associated with an incorporation or residence in the U.S.
Make sure to submit a relevant form type, and provide the required information or make the required certifications.
The information you provided during onboarding should match the information on your tax form.
We cannot offer or provide tax advice. If you have any questions on what tax form you should submit or how to correctly complete your tax form, please consult with your tax advisor. Learn more on how to Submit your electronic tax document.