Why am I required to provide tax information before submitting a release or withdrawing funds?

We want to keep your identity safe and your wallet full. To make sure that can happen, we require valid tax information from all artists before submitting a new release or withdrawing funds. Loudr has developed a secure form that helps us gather this information from both international and domestic artists, making it easier than ever for you to confirm your identity and get paid.

Here are some frequently asked questions about tax information:

I'm a US-based artist. Will this affect the taxes I pay on my Loudr income?

If you're a US-based artist, the answer is usually "no". We need W-9 forms from all of our artists as part of Loudr's own bookkeeping and tax reporting obligations. These forms allow us to verify to the IRS that we're not just pocketing our artists' money. We'll also send you a 1099 form at tax time for your Loudr income withdrawn in each calendar year.

I'm an International artist. Will this affect the taxes I pay on my Loudr income?

If you're an International artist, the answer is "maybe". You'll have the opportunity to provide a US or foreign Tax ID Number (TIN) and a statement indicating that you should not be charged withholding tax on your Loudr income. 

If you do not provide a TIN, we'll be legally bound to withhold a portion (usually 30%) of your Loudr earnings to pay for taxes on your share of the income. International artists whose countries do not use TINs can apply for individual TINs by filling out the following form and sending it to the IRS: http://www.irs.gov/pub/irs-pdf/fw7.pdf .

Will I need to re-submit my tax information if I've previously submitted a W-8 or W-9 to Loudr?

Yes - all information needs to be submitted to and stored in our new system. This ensures that your data will be stored as secured text, which is easier for you to go back and edit and faster for our systems to process than a PDF image. 

How do I submit my tax information?

To submit (or re-submit) your tax information, head over to the "Withdraw" tab within your Loudr Alpha dashboard. Where you used to see the old W-8 or W-9 information, you'll now see a button that will take you to our secure tax form information server.

How does this keep my identity safe? 

You've put a lot of hard work into building your brand as an artist, and we respect that. Our tax information policy helps us to ensure that you are the only one releasing music or using Loudr under your identity. 

Loudr Distribution (Distribution + Licensing)

  1. Why am I required to provide tax information before submitting a release or withdrawing funds?
  2. When will my album go live on stores?
  3. My album contains cover songs. How long will it take for everything to be licensed?
  4. I submitted my album and now I can't edit it anymore. How do I unlock it?
  5. Cancellation
  6. When will I get paid for my sales from Loudr?
  7. What's the difference between a Single, an EP, and an Album?
  8. What is a cover song, and why should I license my cover songs?
  9. What is a music publisher?
  10. How do I bundle multiple albums together on Loudr?
  11. I'm running a label. How do I add more artists to my existing Loudr account?
  12. How is Loudr different from Bandcamp?
  13. What are the requirements for album art?
  14. I'm an artist with original music. Do I have to allow full streaming of my tracks?
  15. What is "abnormal streaming activity"?
  16. Can I put a Loudr Logo on my website?
  17. I'm a Fullscreen artist. How do I connect my existing Loudr account to Fullscreen?
  18. Can Loudr license audio samples? What about my remix of another artist's recording?
  19. How do I set up YouTube annotations?
  20. Why does Loudr need my tax form? Do I need to include my Social Security Number (SSN)?
  21. How should I format my album information?
  22. How does Loudr pay artists?
  23. What is Nielsen Soundscan, and does Loudr report my sales to Soundscan?
  24. What are UPC and ISRC codes, and where can I get them for my release?
  25. How does Loudr handle value-added taxes (VAT) for international artists?
  26. Am I subject to backup withholding?
  27. Am I an exempt payee? Am I exempt from FATCA reporting?
  28. I've heard that iTunes is blocking certain kinds of covers. How will this affect my music?
  29. Is there a limit to how much content I can submit to Loudr?
  30. Why was I paid less than expected?
  31. How do I add my music to Apple Music?
  32. How do I set up revenue splits for my album?
  33. How do I delete an album from Loudr?

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