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This form is used by foreign individuals and entities to certify their foreign status and claim any applicable tax treaty benefits to avoid or reduce U.S. tax withholding on certain types of income.
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How to fill out w-8ben

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How to fill out W-8BEN

01
Obtain the W-8BEN form from the IRS website or from your financial institution.
02
Fill in your name in Part I, Line 1.
03
Complete Line 2 with your country of citizenship.
04
Provide your permanent address in Line 3, ensuring it's not a P.O. Box.
05
If you have a mailing address different from your permanent address, fill it in Line 4.
06
Fill in your U.S. taxpayer identification number (if applicable) in Line 5.
07
If you do not have a U.S. taxpayer identification number, include your foreign tax identifying number in Line 6.
08
Complete Line 7, if applicable, with the reference number.
09
Sign and date the form in Part II to certify the information is correct.

Who needs W-8BEN?

01
Non-U.S. persons receiving income from U.S. sources.
02
Foreign individuals wishing to claim tax treaty benefits.
03
Foreign entities such as corporations or partnerships that receive U.S. income.
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People Also Ask about

The W8BEN is used to collect the personal information of a foreign person who will be receiving money that could be subject to tax withholding (such as interest income).
The W-8BEN form lets you benefit from the US Internal Revenue Service (IRS) treaty rate with the UK. This lowers the withholding tax for qualifying dividends and interest from US shares from 30% to 15%.
You must give Form W-8BEN to the withholding agent or payer if you are a nonresident alien who is the beneficial owner of an amount subject to withholding, or if you are an account holder of an FFI documenting yourself as a nonresident alien.
W-8BEN is an IRS form used by individual nonresident aliens (NRA) to report information to withholding agents, payers, or FFIs if they are the beneficial owner of an amount from U.S. sources subject to income tax withholding or the NRA account holder at a foreign financial institution (FFI).
Failure to provide a Form W-8BEN when requested may lead to withholding at the foreign-person withholding rate of 30% or the backup withholding rate under section 3406.
The W-8BEN is a tax document for non-US taxpayers who earn US-sourced income, such as interest on a savings account. It determines how much of your earned income, if any, should be withheld by the IRS.
The W-8BEN is a tax document for non-US taxpayers who earn US-sourced income, such as interest on a savings account.
Who Must Provide Form W-8BEN-E. You must give Form W-8BEN-E to the withholding agent or payer if you are a foreign entity receiving a withholdable payment from a withholding agent, receiving a payment subject to chapter 3 withholding, or if you are an entity maintaining an account with an FFI requesting this form.

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W-8BEN is a form used by foreign individuals to certify their foreign status and claim any tax treaty benefits to reduce or eliminate U.S. tax withholding on income from U.S. sources.
Non-U.S. persons, including individuals and entities that receive income from U.S. sources, are required to file W-8BEN to establish their foreign status and claim any applicable tax treaty benefits.
To fill out W-8BEN, individuals must provide their name, country of citizenship, permanent address, mailing address (if different), U.S. taxpayer identification number (if any), and information related to the income they are receiving and any claim for tax treaty benefits.
The purpose of W-8BEN is to establish the holder's status as a foreign person and to enable them to claim tax treaty benefits, thereby reducing or eliminating the amount of U.S. tax withheld on certain types of income.
The information that must be reported on W-8BEN includes the individual's name, country of citizenship, foreign address, mailing address, taxpayer identification number (if applicable), and details about the income being received, including any relevant tax treaty claims.
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