All Members or Professionals receiving commissions that add up to $600 per year are required to furnish Purium with their correct Social Security number, Federal ID Number, Social Insurance Number or an equivalent form of Tax ID.
Purium Members or Professionals who do not furnish a Social Security Number or the equivalent will find their bonuses and commissions subject to withholding at 31% if:
1. The aggregate amount of such payments and all of the previous payments for the calendar year equals or exceeds $600; or
2. Purium was forced to file a Form 1099 for the Member for the previous calendar year.
Purium will contact Members via email when they have achieved $600 or more in commissions for a given year and have not provided a Tax Payer ID. However it is recommended to provide this information at time of account creation in order to avoid withholding of commissions.