Copy dot in the Form W-8BEN
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Got questions?
Here are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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How do I know if FTIN is not legally required?
There are a few exceptions to the FTIN requirement: A government, central bank of issue, international organization, and resident of a US territory is not required to provide an FTIN. A reasonable explanation for lack of FTIN may be acceptable in certain cases.
What does an employer do with form W-8BEN?
The employer should request the completed W-8BEN form from the non-U.S. worker to ensure compliance with U.S. tax regulations regarding payments made to foreign individuals or entities. It is the employees responsibility to complete the W-8BEN and submit it back to their employer before they receive payroll.
Where can I find my foreign tax identifying number?
Your FTIN will be the unique number that you use to pay taxes or identify yourself in your country. Depending on what country you live in, this number might be on your government-issued identification card or social insurance card.
What does FTIN mean?
A foreign person that is an account holder of a financial account held at a U.S. office of a financial institution (including a U.S. branch of a foreign financial institution) must provide the Foreign Taxpayer Identification Number (FTIN) issued to it by its jurisdiction of tax residence.
How do I fill out a W-8BEN form in the US?
How Do I Fill Out Form W-8BEN? Part I Identification of Beneficial Owner: Line 1: Enter your name as the beneficial owner. Line 2: Enter your country of citizenship. Line 3: Enter your permanent residence/mailing address. Line 4: Enter your mailing address, if different.
What is a W8BEN for non US residents?
The W-8BEN is a tax document for non-US taxpayers who earn US-sourced income, such as interest on a savings account.
What is the foreign tax identifying number on W8BEN?
A foreign tax identifying number (foreign TIN) is a number used by your country of tax residency to identify you as an individual or taxpayer. This may vary from country to country. A valid foreign TIN is required by the Internal Revenue Service in order for your Form W-8BEN to be deemed complete.
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