closed

Win an ESET Gaming PC from Overkill Computers

Phalaxis on 02/01/2023 - 07:47 gleam.io (340 clicks)
77 entrants, 0 wins

Win an ESET Gaming PC from Overkill Computers

Go to Comp

Mark as Seen Mark as Entered

Dates

Closing Date 01/02/2023 3:00pm

Prizes

Description ESET Gaming PC

No. of Prizes 1

Entry Requirements

Open To International

Entry Limit One per person

Entry Methods Gleam

Prerequisites n/a

Shipping: Please Note, that Overkill Computers will not be responsible for customs or shipping fees, or insurance related to the Prize. Winner assumes the fees associated.

Lucky Draw Gleam

Related Stores

overkillcomputers.com

Gleam

closed Comments

ssfps on 01/02/2023 - 02:43

Non-U.S. citizen: when the prize is awarded to a non-citizen, there is a Five step process that must be followed. 1. The “WINNER’S AFFIDAVIT OF ELIGIBILITY AND LIABILITY/PUBLICITY RELEASE" Must be signed. 2. The IRS Form W-8BEN is filed by the Foreign national prize winner to report the amount received and the 30% withholding in the prize Value. 3.Overkill will Collect the 30% of the prize Value to be withheld for taxes. 4. Overkill must fill out the IRS Form 1042, reporting U.S. Source of Income by Foreign Persons. 5. Overkill will collect the shipping and insurance fees associated and then process shipping.

The Approximate Retail Value (“ARV”) of the total prize packages are $4999

So, you win this, and have to pay 30% (‭$1500 USD, $2135 AUD) to the US tax man on this "income" as a "foreign person"? Then another unspecified amount (a few hundred?) shipping. For these specs you could DIY locally for $~3500 , so you've won approx ~1k to $1.5k…