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FormW8BENE(Rev. July 2017) Department of the Treasury Internal Revenue ServiceCertificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities) For OMB No. 15451621use
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FFI stands for Foreign Financial Institution and is used to report foreign financial accounts and assets for US taxpayers.
US taxpayers with foreign financial accounts and assets are required to file FFI Form.
FFI Form can be filled out online or submitted through mail with all the necessary information regarding foreign financial accounts.
The purpose of FFI Form is to report foreign financial accounts and assets to the IRS for tax compliance.
Information such as account balances, income generated from foreign assets, and details of the financial institutions must be reported on FFI Form.
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