diff --git a/BOUNTY_PROGRAM.md b/BOUNTY_PROGRAM.md index acadfe7d9..f97e2b6d3 100644 --- a/BOUNTY_PROGRAM.md +++ b/BOUNTY_PROGRAM.md @@ -208,7 +208,7 @@ Requirements for the invoice: - **Set invoice details / Description**: mention full URL of the GitHub issue which served as the Bounty Issue -AsyncAPI does not perform financial transactions itself and relies on Open Collective's Fiscal Host 'Open Source Collective' to service payments and, thus, [comply with global sanctions](https://docs.oscollective.org/how-it-works/basics/expense-policies-and-limitations#permitted-countries-ofac-checks-and-payments-to-certain-countries). However, it has been empirically proven that even if the Bounty Program Participant is a citizen of a sanctioned jurisdiction, they can still receive the financial payment made to a payee in a non-sanctioned jurisdiction. Taking this into account, **potential Bounty Program Participants must check whether they will be able to receive payment themselves prior to starting participation in the Bounty Program**. AsyncAPI will not take any action if Open Source Collective refuses to relay the payment due to US or global sanctions imposed on a jurisdiction or an individual. +AsyncAPI does not perform financial transactions itself and relies on Open Collective's Fiscal Host 'Open Source Collective' to service payments and, thus, [comply with global sanctions](https://docs.oscollective.org/how-it-works/basics/expense-policies-and-limitations#permitted-countries-ofac-checks-and-payments-to-certain-countries). However, it has been empirically proven that even if the Bounty Program Participant is a citizen of a sanctioned jurisdiction, they can still receive the financial payment made to a payee in a non-sanctioned jurisdiction. Taking this into account, **potential Bounty Program Participants must [check themselves](https://wise.com/help/articles/2978049/which-countries-can-i-use-wise-in) to see whether they will be able to receive payment prior to starting participation in the Bounty Program**. AsyncAPI will not take any action if Open Source Collective refuses to relay the payment due to US or global sanctions imposed on a jurisdiction or an individual. Also, note that if a Bounty Program Participant submits invoice expenses for more than six hundred US dollars and 00 cents (USD 600.00) per calendar year to a Collective at Open Collective with a Fiscal Host in the US (AsyncAPI fits this description,) they will be asked to fill out an IRS tax information form, which will be either a `W-8BEN` or a `W-8BEN-E` depending on whether the Bounty Program Participant has the legal status of an individual or of a sole proprietor, **supplying a local Tax ID**.