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This form is used by foreign intermediaries, foreign flow-through entities, or certain U.S. branches to certify their status for tax withholding purposes.
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How to fill out w-8imy

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How to fill out W-8IMY

01
Obtain the W-8IMY form from the IRS website.
02
Enter the name of the entity completing the form in Part I.
03
Provide the country of incorporation or organization in the appropriate field.
04
Fill out the type of entity in Part II, indicating whether it is a partnership, corporation, etc.
05
Complete Part III by indicating any applicable withholding agent and relevant information.
06
Sign and date the form, confirming that the information provided is accurate.
07
Submit the form to the withholding agent or financial institution that requires it.

Who needs W-8IMY?

01
Entities that are foreign and receiving income from U.S. sources.
02
Foreign partnerships or corporations that are acting as intermediaries for payments to beneficial owners.
03
Tax-exempt organizations and certain international organizations receiving payment.
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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 entities to certify their foreign status and claim withholding tax reductions or exemptions on U.S. income they receive.
Foreign entities acting as intermediaries, such as partnerships or trusts, that receive income from U.S. sources on behalf of foreign partners or beneficiaries are required to file W-8IMY.
To fill out W-8IMY, provide information about the entity, including its name, address, and type of beneficial owner. Also, include the applicable chapter 3 and chapter 4 status and complete any relevant sections about withholding tax.
The purpose of W-8IMY is to help foreign intermediaries certify their status for tax purposes and to claim benefits under U.S. tax treaties, thereby reducing or eliminating withholding tax on payments received.
The information that must be reported on W-8IMY includes the name of the entity, address, country of incorporation, taxpayer identification number (if any), and details regarding the beneficial owners or participants who are receiving the income.
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