Amazon Piggy Bank
Amazon
Piggy Bank
By Darren Miller
By Darren Miller Page 1
Amazon Piggy Bank
Contents
Big Picture .................................................................... 3
Step 1 Clam Your TIN ................................................. 5
Step 2 Contact Amazon, Kindle or Create Space ......... 7
Step 3 - Royalty Payment Profile ................................... 8
Step 4 Completing W-8BEN Form............................... 8
Conclusion.................................................................. 11
Copyright 2012 Darren Miller
Amazon Piggy Bank
By reading this document, you assume all risks
associated with using the advice given below, with a full
understanding that you, solely, are responsible for
anything that may occur as a result of putting this
information into action in any way, and regardless of
your interpretation of the advice.
For Disclosure purpose I am not an accountant,
Lawyer or legal advisor, so make sure you get
legal advice.
By Darren Miller Page 2
Amazon Piggy Bank
Big Picture
The APB course comes with several special easy to
follow reports: Tax Identification Number (TIN),
W-8BEN form & Amazon money savings.
My name is Darren Miller, and I live in the UK and
publish books on all publication sites. I have put
this report together to help you understand a process
that will enable you to finally get a 0% tax rate in
the US depending on the country you live in.
I have pulled this from Create Space and Amazon:
Determining Tax Rates
The standard tax-withholding rate for non-U.S.
members is 30%.
If you are a non-U.S. member and your country has
an established tax rate treaty with the U.S., you may
be eligible for treaty withholdings rates if you
provide us with a valid W-8BEN.
Here are some common tax withholding rates by
country, which are subject to change without
notice:
Canada: 0%
By Darren Miller Page 3
Amazon Piggy Bank
Australia: 5%
UK: 0%
Japan: 0%
India: 15%
If you r country is not on the list above make sure
you contact Amazon to find out the exact tax
figures.
For Disclosure purpose I am not an accountant,
Lawyer or legal advisor, so make sure you get
legal advice.
That being said I have had many happy users of my
system. If you are a publisher or an affiliate for
Amazon and live outside the U.S, this report is for
you to learn how you can keep more of the money
you earn, and have Amazon and the government
take a lower percentage from you.
This will help you to receive extra cash in your
pocket by not having to pay that nasty 30% tax. If
anything else crops up that you need to be aware of
I will let you know immediately.
By Darren Miller Page 4
Amazon Piggy Bank
Step 1 Clam Your TIN
To qualify for the SAVINGS% tax rate you need to
apply for a Tax Identification Number (TIN). The
application may be completed by fax in
approximately 4 business days and by mail in
approximately 4 weeks.
I highly recommend that you call the International
Revenue Service (IRS), the government agency
responsible for tax collection and tax law
enforcements, because you will get the tax code
there and then and you also get a confirmation in
the post that the TIN is active.
The number to call is 2679411099, when you get
through, you need to pick option 2. I don t know the
area code for the country you are in, but if you type
this number into Google you will be able to see a
clickable link in the description of your listings.
Here is a screen shot:
By Darren Miller Page 5
Amazon Piggy Bank
It is a good idea if you call using Skype because it
only charges 1.4p per minute. When you speak to
them, let them know that you would like to apply
for a TIN as a sole proprietor, unless you already
have a limited liability company.
They will ask you a list of questions such as your
name, your company name (Think of something),
whether you are a sole trader or partnership, your
permanent address. Make sure you write down the
reference number given to you when you first get
through to the Internal Revenue Service (IRS), they
By Darren Miller Page 6
Amazon Piggy Bank
will then ask you the questions above and give you
your TIN.
Step 2 Contact Amazon, Kindle or
Create Space
You should also log into your Create Space, Kindle
or Amazon account and send a message to the
customer support team to let them know you are in
the process of obtaining a TIN and ask them to put
your royalties on hold and that you are sending
them your W-8BEN form (I will explain what the
W-8BEN form is further in this report).
They will send you a message back confirming this
and telling you to let them know once you have
your TIN. Note: Make sure you send them a
message back once you have sent the W-8BEN
form to them.
(I recommend waiting a week or so before you
contact Create Space, Kindle or Amazon as they
will not send your money out until you have
confirmed this.
By Darren Miller Page 7
Amazon Piggy Bank
Step 3 - Royalty Payment Profile
Next, you need to complete the Royalty Payment
Profile in your Create Space, Kindle and Amazon
Member Account. From the left-side navigation box
in the create space, click "Account Settings," and go
to "Royalty Payment Information." Complete all
required fields on the page, then click "Save."
Step 4 Completing W-8BEN Form
In order to get the SAVINGS% tax withholding
rate, you need to fill in and complete a W-8BEN
form. This form must be completed and sent to
Create Space, not to IRS. This will confirm that you
live in your country and that you have obtained a
TIN. This form has to be handwritten, including
your TIN and Create Space Member ID, kindle
member ID or Amazon member ID and posted to:
Create Space Address
8329 West Sunset Road,
Suite 200,
Las Vegas, NV
89113
By Darren Miller Page 8
Amazon Piggy Bank
Kindle and Amazon Address
Amazon Digital Services
Attn: Vendor Maintenance
PO Box 80683
Seattle, WA 98108-0683
Here is a screen shot will showing how to fill in the
W-8BEN form and also a link where you can
download and print out the form itself.
http://www.irs.gov/pub/irs-pdf/fw8ben.pdf
Example shot:
By Darren Miller Page 9
Amazon Piggy Bank
By Darren Miller Page 10
Amazon Piggy Bank
Conclusion
Finally, if you would like your royalties to be
directly deposited into your account, you need to
open up an international account that accepts dollars
and you can use their American sort code and
account number.
Enjoy making more money in your pocket. :-)
By Darren Miller Page 11
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