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Online solutions help you to manage your record administration along with raise the efficiency of the workflows. Stick to the fast guide to do Form W-8BEN Substitute Form, steer clear of blunders along with furnish it in a timely manner:

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Do I need to pra W-9 form to customers asking for it?
A W-9 is for US persons only (companies and individuals). A W-8BEN-E is for foreign companies.It depends on whether you are selling software that is regarded as a product, rather than a license for which you are receiving a royalty.Legally, the software is almost certainly provided under license, and is a royalty. But for tax purposes, if you don't have the right to replicate or resell, it's essentially a product. Think of buying a copy of Windows. That's a product.If that's all you do, there's no need for a W-8BEN-E.So much for the technical mumbo-jumbo. It doesn't really matter. The W-9 request is sent to you by a company's accounts payable department. If you call them and say "I don't have to send you a W-9", they will likely tell you they will have to withhold 30% of your fee on account of tax. To get it back, you'd have to file a US return.The AP clerk would be wrong. So you escalate, right? Go to the AP supervisor, who either doesn't know the answer, or is afraid to risk his job. So he punts to the  VP tax, who calls his external accounting firm. Eventually, the right answer is provided, and it makes its way down the chain, right?  And then your customer puts in place a whole new protocol to figure out just when a W9 or W-8BEN-E is required.Wrong. Nobody wants to play this game. In reality, your customer says, "get a US Employer Identification Number, and fill out a W-8BEN. Otherwise we won't buy from you."And you find a firm like ours, which will charge you C$600 to get the EIN, and another $600 to fill out the W-8BEN-E, and you're done. That's how you make a customer happy (or at least avoid pissing them off).
Is it possible to buy stocks from outside countries (e.g. NYSE), and how?
I get this question multiple times in my inbox so let me put all the details in a single post.Can I trade/invest in foreign account as an international player?The short answer is YES.But there are number of paper works to be done before you can start trading/ investing in a foreign account.Let us say you want to invest/trade in American stock market as a foreigner.What do you need to get started?A completed account application form. You can get this from the brokers website.As an individual you need to fill out a W-8BEN form for tax purposes. In case you want to trade as an entity then you need to fill W-8BEN-E form.You need to have a passport, in case you don’t have passport any government photo-ID, along with a letter stating that you do not have a passport.A verification of your address, country of residence needs to be done by providing utility bill. Preferably brokers ask for a bank statement. The documents must be in English characters or certified English translation.Which Countries qualify?Most countries can participate on US markets except a handful like Iran, Nigeria etc. You can know this easily by going to a international brokers website and check in the drop down menu if your country is listed or not.You can always pick up the phone and call these brokers if you have additional questions. They will walk you through additional paperwork that you may need to be complaint depending on your personal situation. Try to call multiple brokers as some brokers are easy on their terms if you satisfy basic requirements. Once you have setup your foreign account then you are good to go.Cheers.
How can you fill out the W-8BEN form (no tax treaty)?
A payer of a reportable payment may treat a payee as foreign if the payer receives an applicable Form W-8 from the payee. Prthis Form W-8BEN to the requestor if you are a foreign individual that is a participating payee receiving payments in settlement of payment card transactions that are not effectively connected with a U.S. trade or business of the payee.As stated by Mr. Ivanov below, Since Jordan is not one of the countries listed as a tax treaty country, it appears that you would only complete Part I of the Form W-8BEN, Sign your name and date the Certification in Part III.http://www.irs.gov/pub/irs-pdf/i...Hope this is helpful.
Will we need to fill "W-8BEN-E" to do business in the US as a foreign company?
Yes it nessecary, In conjunction with the new compliance requirements under the Foreign Account Tax Compliance Act (“FATCA”), the IRS has released the new Form W-8BEN-E (the “E” stands for entity). Form W-8BEN-E replaces the old Form W-8BEN, for U.S. taxpayers doing business with foreign entities or entities with foreign subsidiaries. Form W-8BEN-E documents the status of those foreign entities for U.S. income tax, tax treaty benefits, and FATCA purposes.Form W-8BEN-E serves four main purposes, as follows:Establish non-U.S. status,Claim beneficial owner status,Claim exemption from, or reduction in, U.S. withholding tax under Chapter 3 (the original foreign tax withholding laws), andIdentify the entity’s category under Chapter 4 (FATCA).Any U.S. taxpayer engaging in non-product related transactions (i.e., services) with a foreign entity must receive a completed Form W-8BEN-E from that entity, to determine whether that foreign entity is subject to the 30% default withholding on payments to foreign entities. In addition, the completed Form W-8BEN-E will determine whether the foreign entity is eligible for any reduced withholdings related to an applicable tax treaty.Note that IRS has also released a revised Form W-8BEN, for U.S. taxpayers doing business with foreign individuals.In a burst of administrative nightmares, the new Form W-8BEN-E is 8 pages long (as opposed to the old 1-page W-8BEN), and it has 30 different parts. Fortunately, any given foreign beneficial owner need not complete all 30 parts of the form. Rather, it will only need to complete those parts relevant to its particular business. However, all foreign beneficial owners must complete Parts I (Identification of Beneficial Owner) and XXIX (Certification).
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