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Who Must Provide Form W-8BEN. 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.
Form W8-BEN, Certificate of Foreign Status of Beneficial Owner for U.S. Tax Withholding, is used by a foreign person to establish both foreign status and beneficial ownership, and to claim income tax treaty benefits with respect to income other than compensation for personal services.
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.
If you are a resident in the UK and the form is for an account held by a UK individual, the easiest way to submit or update a W-8BEN is through your online account: Log in to your account. Select the 'Account settings' tab. Select 'Share dealing and live prices' and follow the on-screen instructions.
Suggested clip How to complete Form W-8BEN-E for a Foreign Corporation YouTubeStart of suggested clipEnd of suggested clip How to complete Form W-8BEN-E for a Foreign Corporation
Instead, foreign individuals must complete a form in the Form W-8BEN series, such as Form W-8BEN. US taxpayers use Form W-9 to file theirs. Form W-8BEN is also considered if Form 8833 must be filed. The mayor of the earned income is informed of the filing status of the individual when they have a W-8BEN on file.
Entities must use Form W-8BEN-E. Go to www.irs.gov/FormW8BEN for instructions and the latest information. Give this form to the withholding agent or payer. Do not send to the IRS.
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