If you believe that your Organo Gold activities do not constitute an enterprise, you should supply us with a "Statement by a supplier - Reason for not quoting an ABN to an enterprise form", available from the Australian Taxation Office*. If we have not received either a valid ABN or the above 'Statement by a supplier", we will be required to deduct 46.5% withholding tax on your total commission for the month to all Australian distributors with earnings totalling $75.00(AUD) or more.
If you have not provided this information yet, please make sure to update your ABN in your back office profile immediately or contact email@example.com.
Please note that the ABN provided must be of the Main Applicant of the distributorship and must match with what is registered with the Australian Tax Office.
To Apply for an ABN, visit: www.abr.business.gov.au, Then click on the link 'Apply for an ABN'
Alternatively, a Distributor should contact their Tax Agent or Financial Advisor for further questions.
*Statement by a supplier - Reason for not quoting an ABN to an enterprise form
- Go to: www.ato.gov.au
- Then do a search (top right corner) for the words 'Statement by a supplier'
- One of the options to appear should be 'Statement by a supplier - Reason for not quoting an ABN to an enterprise'
- Open form and print.
Pls submit form to:
Organo Gold Australia Pty Limited
Mail: Level 20, Tower A, The Zenith
821 Pacific Highway, Chatswood NSW 2067
Phone: 1300 886 165