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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-base
by SXX 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. 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.