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This form is used by foreign financial institutions and certain U.S. branches to certify their status as intermediaries for tax reporting purposes under U.S. tax law.
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How to fill out w-8imy

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How to fill out W-8IMY

01
Download the W-8IMY form from the IRS website.
02
Fill in the name of the foreign intermediary or flow-through entity.
03
Provide the country of incorporation or organization.
04
Enter the IRS identification number (if applicable).
05
Specify the type of entity by checking the appropriate box.
06
Include any relevant information for treaty benefits, if applicable.
07
Complete the certifications section, confirming your eligibility.
08
Sign and date the form, including your title if applicable.

Who needs W-8IMY?

01
Foreign entities acting as intermediaries for U.S. sourced income.
02
Flow-through entities that are claiming a reduced withholding rate or exemption under U.S. tax treaties.
03
Entities that need to certify their status to avoid withholding on behalf of beneficial owners.
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You must give Form W-8 ECI to the withholding agent or payer if you are a foreign person and you are the beneficial owner of U.S. source income that is (or is deemed to be) effectively connected with the conduct of a trade or business within the United States.
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.
Form W-8IMY is the "Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S. Branches for United States Tax Withholding and Reporting." The purpose of the form is to certify that a person or business received withholdable payments on behalf of a foreigner or as a flow-through entity.
Generally, a Form W-8IMY remains valid until the status of the person whose name is on the certificate is changed in a way relevant to the certificate or there is a change in circumstances that makes the information on the certificate no longer correct.
For example, if you're a non–resident who earns interest from U.S.-issued securities, you will need to file a W-8BEN. If you're a foreign business owner with income from entities based in the U.S., you'll complete Form W-8BEN-E.
Form W-8 BEN-E is used by foreign entities to document their status for purposes of chapter 3 and chapter 4, as well as other code provisions.
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.
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-8IMY is a form used by foreign intermediaries, foreign partnerships, and certain foreign trusts to document their status for withholding tax purposes in the United States.
Foreign intermediaries, foreign partnerships, and certain foreign trusts that receive U.S. source income on behalf of others are required to file W-8IMY.
To fill out W-8IMY, complete the required sections including identifying information about the entity, the chapter 3 and 4 status, and retain any necessary documentation supporting the claim of benefits.
The purpose of W-8IMY is to certify the status of the foreign entity and to establish eligibility for reduced withholding tax rates under U.S. tax law as well as applicable tax treaties.
Information that must be reported on W-8IMY includes the name and address of the entity, type of entity, chapter 3 status, chapter 4 status, and any applicable withholding information.
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