As required by the U.S. Internal Revenue Service (IRS), Fontspring must withhold an amount of your gross sales to U.S. customers. This withholding is a standard tax practice to ensure appropriate taxes are paid to the U.S. government.
If your country of residence has a tax treaty with the U.S., you may be eligible for a reduced withholding rate or an exemption. To claim treaty benefits, you must provide the necessary documentation to FontSpring.
If your country does not have a tax treaty with the U.S., Fontspring must withhold 30% of your gross sales to U.S. customers.
To determine if your country has a tax treaty with the U.S., please refer to the IRS website to check this list released by the IRS
Please provide any required tax documentation to Fontspring to ensure accurate withholding and avoid potential penalties. For specific guidance and assistance, please get in touch with our support team.
Please have a look at the table below for the current withholding rates. Alternatively, you can check irs.gov.
|
COUNTRY |
WITHHOLDING RATE (with a valid treaty claim) |
| Armenia* | 0% |
| Australia | 5% |
| Austria | 0%^ |
| Azerbaijan* | 0% |
| Bangladesh | 10% |
| Barbados | 5% |
| Belarus* | 0% |
| Belgium | 0% |
| Bulgaria | 5% |
| Canada | 0%^ |
| China | 10% |
| Cyprus | 0% |
| Czech Republic | 0%^ |
| Denmark | 0% |
| Egypt | 15%^ |
| Estonia | 10%^ |
* Countries to which the US-USSR income tax treaty still applies: Armenia, Azerbaijan, Belarus, Georgia, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan and Uzbekistan.
^ Reduced rates for royalty income types that are shown as special rates and conditions while filling in the tax form. If the reduced rates are not claimed, 30% withholding is applied.