Tax Withholding for US Publishers
If you provide Barnes & Noble Press with your valid taxpayer identification information, tax withholding will not be deducted from your royalties. If the tax identity you provide us does not match IRS records, you may be subject to payment holds or U.S. tax withholding of up to 30%.
Tax Withholding for International Publishers
Tax withholding is calculated based on the gross amount of your payment, before taking into account any costs associated with receiving payment.
The U.S. IRS requires Barnes & Noble Press to collect up to 30% from royalty payments issued to non-U.S. entities. The tax withholding will automatically be deducted from your royalties when they are paid.
You may be eligible for a reduced rate of U.S. tax withholding if your country of permanent residence (the country where you claim to be a resident of for purposes of that country's income tax) has an income tax treaty with the U.S. The link to information on tax treaty countries and applicable rates can be found on page 51 of the IRS 'Publication 515' under the Tax Treaties section or you can click on the link below.
If you provide a Form W-8BEN or W-8BEN-E to certify that you are a non-U.S. person, U.S. tax withholding will be reduced or will not be applied to your non-U.S. royalties from Barnes & Noble Press sales. If you do not certify that you are a non-U.S. person, you may be subject to U.S. tax withholding on your Barnes & Noble Press royalties. If you're uncertain which form to submit, consult with your tax adviser.