We are writing to let you know about important actions you need to take.
As you know, Shutterstock is required to maintain up-to-date tax information about its contributors on behalf of the U.S. Internal Revenue Service. The United States government’s requirements relating to the W-8 form have been updated, and your most recent W-8 form is no longer valid.
Please visit our Tax Center and follow the instructions there to submit a new tax form before December 31, 2016.
NOTE: If you do not update your tax form before your next payment is issued, 30% will be withheld from your earnings as required by US law.
We’ve prepared a list of Frequently Asked Questions that will provide further information.
Thanks,
Shutterstock Contributor Support Team