This morning, our discussion group was instantly bombarded with news that a large number of US stores had stopped selling products! The products could not be displayed on the front desk, and the back desk warned sellers to upload tax information! Does the US site also have to start paying taxes and synchronizing tax numbers? In fact, this is another update of the W-8BEN form, which usually happens in December in previous years. But what is unusual this year is that many sellers did not receive Amazon's advance reminder emails , and inexplicably received a warning in the background and their products were removed from the shelves. Although some sellers received the email, they were easily overlooked and did not update in time, and their sales were also suspended today. (W-8BEN update reminder emails from previous years) W-8BEN is a US Internal Revenue Service form used to declare that the applicant is not a US citizen and to request exemption from US taxes. You may not remember it clearly, but you need to fill out this form when you open a store, and this form has a certain validity period (from the year of signing to the end of the third year) . You must fill it out again when it expires, so the accounts that have been suspended today are basically stores registered in 2017. Because the W-8BEN form is also equivalent to a tax exemption declaration, you don’t have to worry about paying taxes after updating the form . Amazon’s backend introduction to W-8BEN also illustrates this point. Sellers who receive this warning should quickly search for "tax" in their mailbox to see if they have received the corresponding email. Click the tax update link in the email to enter the backend page to fill in the information. Many sellers will encounter problems in the first step when filling in the information. Let me briefly explain here that except for personal accounts and limited liability companies where the owner is one person, you must select business in other cases. Just fill in the rest according to the actual situation. Basically, the store and products will be back to normal soon after the information is updated. There are already sellers in our group who filled in the information this morning and restored it (join the group and add me: zyqmda). The speed is still very fast, so sales can be resumed as soon as possible. In fact, this W-8BEN could have been updated a long time ago. On December 1st, Teacher Alice reminded us about it in our Knowledge Planet . If everyone had updated the form in time at that time, we would not have been warned by the background today. Therefore, it is really important to get the news as soon as possible at this time. Sellers who are already on our planet must check the content of the planet in time! The steps for filling out the W-8BEN in the attachment of the post are very detailed, and each step is explained. |
<<: Small home appliance market is booming! Hot sales and profits soared 1000%!
>>: Tens of thousands of delivery trucks are stranded! Amazon's massive return wave is coming!
Yandex.Market is a price comparison shopping websi...
It is learned that in June this year, Amazon invit...
Based on many years of cross-border sales experien...
Today I’d like to talk to you about the advantage...
Sellers, please note that Amazon’s front-end ratin...
How to reduce workload Your Shopify store has bee...
Mall.cz is the second largest internet retailer in...
Alisa201907 My C position I have worked in a small...
Parler is a large social media application in the ...
Founded in 2015, Wallex provides a range of online...
Foodies Feed is a free food-themed photo gallery. ...
This article Highlights 1. The cross-border big s...
After Amazon implemented new commissions and long-...
Lulus is an American online women's clothing b...
Cross-border people, did the fund you bought fall...