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This form is used by foreign individuals or entities to certify their foreign status and claim any applicable tax treaty benefits for income sourced from the United States.
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How to fill out w-8ben

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How to fill out W-8BEN

01
Obtain a W-8BEN form from the IRS website or your financial institution.
02
Complete Part I - Identification of Beneficial Owner by providing your name, country of citizenship, and address.
03
Complete Part II - Claim of Tax Treaty Benefits, if applicable, by entering the relevant information about your tax treaty claim.
04
Complete Part III - Certification by signing and dating the form to certify that the information provided is accurate.

Who needs W-8BEN?

01
Non-U.S. citizens or non-resident aliens who receive income from U.S. sources.
02
Foreign entities that receive certain types of income from U.S. sources and want to claim a reduced rate of withholding tax due to tax treaty benefits.
03
Individuals or entities that want to avoid higher U.S. tax withholding on income such as dividends, interest, or royalties.
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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 non-U.S. individuals and entities to certify their foreign status for tax purposes in order to claim exemptions from U.S. tax withholding on certain income.
Non-U.S. individuals and entities that receive income from U.S. sources and wish to claim a reduced rate of, or exemption from, U.S. tax withholding on that income are required to file W-8BEN.
To fill out W-8BEN, taxpayers must provide basic identification information, including name, country of citizenship, and address, as well as claim any applicable tax treaty benefits by providing the required information specific to their situation.
The purpose of the W-8BEN form is to establish a foreign person's status for U.S. tax purposes and to allow them to claim any applicable benefits under U.S. tax treaties, reducing or eliminating tax withholding on certain types of income.
Information required on W-8BEN includes the individual's or entity's name, country of citizenship or incorporation, permanent address, mailing address (if different), U.S. taxpayer identification number (if applicable), and reference to tax treaty claims if applicable.
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