Release and Taxes Clause Samples
Release and Taxes. Members agree to sign an affidavit, release of liability, publicity release or similar agreement if requested by us prior to receiving your Reward. Members are solely responsible for all applicable taxes, including income tax liability, associated with any Reward acquired under the Program and we disclaim all rights and obligations related to the receipt of such Reward(s). For residents of the United States, we will issue an IRS Form 1099 to Members obtaining any Reward(s) with a combined total value equal to $600 or more in any single calendar year. Members obtaining any Reward(s) with a combined total value equal to $600 or more in any single calendar year will be required to provide his/her Social Security Number within the timeframe specified for tax reporting purposes prior to the shipment of the Reward(s). An IRS Form 1099- MISC will be issued to him/her for the total value of all Rewards awarded for the tax year in which the Reward(s) are awarded. Similarly, for Canada residents, we may ask you to compete Canadian Form T4A for Rewards exceeding $500 in total value in any single calendar year.
Release and Taxes. Members agree to sign an affidavit, release of liability, publicity release or similar agreement if requested by us prior to receiving your Reward. Members are solely responsible for all applicable taxes, including income tax liability, associated with any Reward acquired under the Program. For residents of the United States, We will issue an IRS Form 1099 to Members obtaining any Reward(s) with a combined total value equal to $600 or more in any single calendar year. Members obtaining any Reward(s) with a combined total value equal to $600 or more in any single calendar year will be required to provide his/her Social Security Number within the timeframe specified for tax reporting purposes prior to the shipment of the Reward(s). An IRS Form 1099- MISC will be issued to him/her for the total value of all Rewards awarded for the tax year in which the Reward(s) are awarded. Similarly, for Canada residents, we may ask you to compete Canadian Form T4A for Rewards exceeding $500 in total value in any single calendar year.