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


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # 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 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
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2013 Investor Glossary - All rights reserved - Terms of Use