3 ms·
Outside of US most famous document produced by fed would be W-8BEN. Basically anyone who ever opened investment account know about it.
by SXX 4y ago
Outside of US most famous document produced by fed would be W-8BEN.
Basically anyone who ever opened investment account know about it.
- capableweb 4y agoI'm fairly certain most people outside of the US never even heard of that form at all, as most people don't work with/in US companies, nor deal with the US government at all.
- SXX 4y agoW-8BEN has nothing to do about dealing with US companies or government. If you open investment account to buy any US stock, index funds or a some other US-based financial instruments you have to fill W-8BEN. Otherwise you might be charged 30% tax on your investment income by IRS. So even if you open brokerage account in UK, EU, India, Russia or any other country you'll surely know about this form.
- capableweb 4y ago> W-8BEN has nothing to do about dealing with US companies or government. > If you open investment account to buy any US stock, index funds or a some other US-based financial instruments you have to fill W-8BEN You seem to directly contradict yourself. Dealing with any US-based financial instrument obviously has to do with dealing with something US related. In contrast, if I only invest in any non-US financial instruments, I don't have to deal with W-8BEN.