Are You Missing IRS Form 6166? You're Not Alone.
Thursday, August 20, 2020
(Manhattan Beach, CA - August 20, 2020) -- During the week of August 17, members of the IBPA Advocacy Committee began noting that many U.S. publishers have not been receiving their IRS Form 6166, which is a fundamental requirement for U.S. publishers wishing to transact a foreign language rights sale.
IRS From 6166 makes it possible for a foreign publisher not to deduct their country's tax when sending an advance royalty payment to a U.S. publisher or agent upon the purchase of foreign language rights. Without this form, many foreign rights deals between the U.S. and outside countries have been at a standstill.
Upon investigation, the IBPA Advocacy Committee discovered that the Philadelphia-based IRS office in charge of sending IRS Form 6166 has been closed since February 2020. Ten days ago, however, the office reopened and began to once again issue IRS Form 6166 to U.S. publishers.
If you are one of the many publishers who submitted a request for IRS Form 6166, but have not yet received it, you can call 267-941-1000 to ask when your form will be mailed. Remember to have your reference number handy, which you will find in the letters you have been receiving from the IRS.
For more information, visit the IRS website.