Investor Glossary-w-8 formInvestor Glossary-w-8 formInvestor Glossary-w-8 formInvestor Glossary-w-8 formInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

W-8 Form

The HTML to link to this page
 

A W-8 Form is a request by a payer for a foreign payee's tax withholding status under the United States Internal Revenue Code. The W-8 Form is completed by the payee and returned to the payer. The payer references the information contained in a completed W-8 Form when determining whether such payer is required to withhold taxes from the payee or withhold at reduced rate based on an income tax treaty. From the standpoint of the payer, a W-8 Form functions much the same as a W-9 Form, except a W-8 Form is for foreign payees instead of domestic ones (i.e. nonresident alien, any foreign corporation, partnership, trust, or estate). The most common purpose of a W-8 Form is to state to brokers and mutual fund companies that the foreign payee is not subject to U.S. tax withholding.

There are four versions of the W-8 Form. The U.S. Internal Revenue Service requires payers to issue the following versions of the W-8 Form under these conditions:

-Form W-8BEN, when the payee is the sole beneficiary (the most common class of W-8 Form)
-Form W-8ECI, when the payment is a function of a foreign business operating under U.S. laws
-Form W-8EXP, to any foreign organization that claims exemption status
-Form W-8IMY, to any intermediary of the foreign beneficiary of the payment



Rate this W-8 Form definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: implied volatility, EBITDA, APR, liquidity ratio, labor relations, VIX, current ratio, 1031 exchange, balance sheet, ex-dividend, FTSE, risk management, Zero Cost Collar, retained earnings, dividends payable, stock market close, phantom income, diluted share, debt service coverage, required rate of return, 1035 exchange, command economy, inflation, 144a, real GDP, annual return, limit order, deferred tax, stock split, 401a, wholly-owned subsidiary, margin rate, class C shares, option premium, in escrow, open position, deferred revenue, Key Rate Duration, minority interest, per diem, ex-dividend date, covered put, reverse mortgage, cancelled check, average price per share, FICO score, quality assurance, LIBOR, irrevocable trust


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use