1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Your current tax withholding rate is 30 % Amazon Affiliate

Discussion in 'Affiliate Programs' started by johnpaul2k2, Dec 19, 2016.

  1. johnpaul2k2

    johnpaul2k2 Regular Member

    Joined:
    Mar 22, 2012
    Messages:
    212
    Likes Received:
    8
    Gender:
    Male
    I am a Nigerian running amazon affiliate program but i shocked how they deducted 30% of my total earning in the name of "Your current tax withholding rate is 30 %".

    i read some articles on how to acquire EIN Number to get rid of the huge tax rate, i got the number and it ogt validated after 2 weeks. i resubmitted to amazon but the 30% is still there.

    i also read about treaty and Nigeria is not in the list, which means the 30% tax stands.

    please is there any way i can still reduce or remove this robbery as a Nigerian.

    thanks
     
  2. johnpaul2k2

    johnpaul2k2 Regular Member

    Joined:
    Mar 22, 2012
    Messages:
    212
    Likes Received:
    8
    Gender:
    Male
    any help to reduce it
     
  3. LJ Junior

    LJ Junior Regular Member

    Joined:
    Nov 6, 2015
    Messages:
    466
    Likes Received:
    406
    How would someone on BHW help you on this? You should probably talk to Amazon support but If it's written in their terms that there would be 30% deduction then no one can help you on this. Deal with it..
     
  4. AceWallGromit

    AceWallGromit Regular Member

    Joined:
    Jul 23, 2016
    Messages:
    341
    Likes Received:
    223
    Location:
    Canada
    It's the 419 karma bruh.
     
  5. redarrow

    redarrow Elite Member

    Joined:
    Apr 1, 2013
    Messages:
    4,305
    Likes Received:
    984
    You have to add 30% to each item that easy no one fault .....

    50p wholesale
    £1 sale price
    30% + sale
    Total £1.30p

    Total profit 50p each one sold.

    Then deduct your personal tax from that
    = pure profit.

    You might have to take a 30% loss in profit to make up the sales price in competition , or add it to sales total....
     
  6. zebrahat

    zebrahat Elite Member

    Joined:
    Aug 6, 2008
    Messages:
    2,400
    Likes Received:
    2,926
    Consider choosing affiliate programs that are less zealous about being servile tax enforcers for the IRS. Most such programs do not go out of their way to presume or impose US tax liabilities or documentation nonsense on non US people.
     
  7. redarrow

    redarrow Elite Member

    Joined:
    Apr 1, 2013
    Messages:
    4,305
    Likes Received:
    984
    sorry that bad advice , what happends when they eventually paull him up for tax in it thousands are u willing to repeat what you said to the irs?

    Never f*** with the tax man ever .....
     
  8. zebrahat

    zebrahat Elite Member

    Joined:
    Aug 6, 2008
    Messages:
    2,400
    Likes Received:
    2,926
    No, good advice, as I was just stating it's a fact that most affiliate programs do not have that policy. Many of the programs themselves are not situated in the US to be subject to its regs, let alone to misapply it to Nigerians.
     
  9. redarrow

    redarrow Elite Member

    Joined:
    Apr 1, 2013
    Messages:
    4,305
    Likes Received:
    984
    Ill be honest with the media and others with Nigerian scams thru ebay and emails , i be very carefull.

    Just a warning .