W-8 Form
The W-8 form is a document that is used to certify that a person is not a U.S. citizen or resident for tax purposes. This form is used by non-resident aliens who receive income from U.S. sources, such as interest, dividends, or royalties. The W-8 form is also used by foreign corporations that do business in the United States.
There are two types of W-8 forms: the W-8BEN and the W-8ECI. The W-8BEN is used by individuals, while the W-8ECI is used by corporations. The W-8BEN form is a simple form that can be completed online. The W-8ECI form is more complex and may require the assistance of a tax professional.
The W-8 form is important because it helps the U.S. government to collect the correct amount of taxes from non-resident aliens and foreign corporations. By providing a W-8 form, you are certifying that you are not a U.S. citizen or resident for tax purposes. This allows the U.S. government to withhold the correct amount of taxes from your income.
If you are a non-resident alien or foreign corporation, you should complete a W-8 form before you receive any income from U.S. sources. You can find the W-8 form on the IRS website.