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Upute za obrasce W-8BEN, W-8BEN-E, W-8ECI, W-8EXP i W-8IMY

Upute za podnositelja zahtjeva obrazaca W-8BEN, W-8BEN-E, W-8ECI, W-8EXP i W-8IMY (Rev. Lipanj 2022.)

Upute za podnositelja zahtjeva obrazaca W-8BEN, W-8BEN-E, W-8ECI, W-8EXP i W-8IMY

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Department of the Treasury  
Internal Revenue Service  
Instructions for  
the Requester of  
Forms W-8BEN,  
W-8BEN-E, W-8ECI,  
W-8EXP, and W-8IMY  
(Rev. June 2022)  
Section references are to the Internal Revenue Code  
make those payments in connection with their reliance on  
Forms W-8.  
unless otherwise noted.  
Future developments. For the latest information about  
developments related to the Forms W-8 and their  
instructions for requesters, such as legislation enacted  
after they were published, go to IRS.gov/UAC/About-  
Section 871(m) regulations and qualified securities  
lenders (QSLs). Notice 2020-2, 2020-3 I.R.B. 327,  
further extended the transition relief provided in Notice  
2018-72, 2018-40 I.R.B. 522, for certain provisions of the  
section 871(m) regulations, generally for 2021 and 2022.  
Notice 2020-2 also further extended the period that a  
withholding agent may apply the transition rules to act as  
a QSL described in obsoleted Notice 2010-46, 2010-24  
I.R.B. 757, Part III, for substitute dividend payments made  
in 2021 and 2022. As a result, the updated Form W-8IMY  
(Rev. October 2021) includes chapter 3 status  
What's New  
Guidance under section 1446(f). The Tax Cuts and  
Jobs Act (TCJA) added section 1446(f), which generally  
requires that if any portion of a gain on any disposition of  
an interest in a partnership would be treated under section  
864(c)(8) as effectively connected gain, the transferee  
purchasing an interest in such a partnership from a  
non-U.S. transferor must withhold a tax equal to 10% of  
the amount realized on the disposition unless an  
certifications for entities acting as QSLs (applicable to  
either a QI or other entity acting as a QSL). The updated  
Instructions for Form W-8IMY also clarify when a QI may  
continue to claim status as a QSL in a case in which it is  
also a qualified derivatives dealer (QDD) (as provided in  
the QI agreement) and include certain other clarifying  
changes relevant to section 871(m) and QSL status.  
FTIN not legally required. Certain Forms W-8 were  
updated (Rev. October 2021) to include a new line, “FTIN  
not legally required,” for account holders otherwise  
required to provide a foreign taxpayer identification  
number (FTIN) on the form to indicate that they are not  
legally required to obtain an FTIN from their jurisdiction of  
residence.  
Nonqualified intermediary (NQI) that provides an al-  
ternative withholding statement. The Form W-8IMY  
and its instructions were updated (Rev. October 2021) to  
allow an NQI that is to provide alternative withholding  
statements and beneficial owner withholding certificates  
for payments associated with this form to represent on the  
form that the information on the withholding certificates  
will be verified for consistency as required under  
Regulations section 1.1441-1(e)(3)(iv)(C)(3) (added in  
T.D. 9890). A similar allowance applies to a  
exception to withholding applies. Section 1446(f)  
generally applies to transfers occurring on or after January  
1, 2018. T.D. 9926 (84 FR 76910), published on  
November 30, 2020, contains final regulations (section  
1446(f) regulations) relating to the withholding and  
reporting requirements under section 1446(f), including  
those that apply to brokers effecting transfers of interests  
in publicly traded partnerships (PTPs). The section  
1446(f) regulations also revise certain requirements under  
section 1446(a) relating to withholding and reporting on  
distributions made by PTPs, and expand the entities  
permitted to act as nominees for PTP distributions to  
include certain qualified intermediaries (QIs) and certain  
U.S. branches. Withholding on transfers of interests in  
PTPs and the revisions included in the section 1446(f)  
regulations relating to withholding on PTP distributions  
under section 1446(a) apply to transfers and distributions  
that occur on or after January 1, 2023. See Notice  
2021-51, 2021-36 I.R.B. 361. The provisions of the  
section 1446(f) regulations relating to withholding and  
reporting on transfers of interests in partnerships that are  
not PTPs generally apply to transfers occurring after  
January 29, 2021. Forms W-8 and their accompanying  
instructions (excluding Form W-8EXP) were updated  
(Rev. October 2021) to incorporate the use of those forms  
by brokers and transferors of partnership interests  
receiving payments of amounts realized for purposes of  
section 1446(f) and by partners and brokers receiving  
PTP distributions. These instructions address certain  
requirements of brokers and other withholding agents that  
nonwithholding foreign partnership or a nonwithholding  
foreign trust that provides an alternative withholding  
statement.  
Electronic signature. The accompanying instructions  
for certain Forms W-8 were updated (Rev. October 2021)  
to reference additional guidance included in final  
regulations issued under chapter 3 (T.D. 9890)  
concerning reliance on withholding certificates with  
electronic signatures. See Regulations section  
1.1441-1(e)(4)(i)(B) (added in T.D. 9890).  
Jun 22, 2022  
Cat. No. 26698G  
Section 6050Y reporting. The accompanying  
instructions for certain Forms W-8 were updated (Rev.  
October 2021) to reference the use of the forms by a  
foreign person that is a seller of a life insurance contract  
(or interest therein) or a foreign person that is a recipient  
of a reportable death benefit for purposes of reporting  
under section 6050Y.  
Who Is a Withholding Agent?  
Any person, U.S. or foreign, in whatever capacity acting,  
that has control, receipt, custody, disposal, or payment of  
an amount subject to withholding for chapter 3 purposes  
or a withholdable payment for chapter 4 purposes is a  
withholding agent. See Regulations section 1.1441-2(e)  
for what constitutes a payment, which in limited  
circumstances may include when there is no actual  
transfer of cash or property (for example, dividend  
equivalents). The withholding agent may be an individual,  
corporation, partnership, trust, association, or any other  
entity, including (but not limited to) any foreign  
Purpose of Instructions  
These instructions supplement the instructions for the  
forms listed below and provide notes to assist withholding  
agents and foreign financial institutions (FFIs) in validating  
the forms for chapters 3 and 4 purposes. These  
instructions also outline the due diligence requirements  
applicable to withholding agents for establishing a  
beneficial owner’s foreign status and claim for reduced  
withholding under an income tax treaty. These instructions  
are not inclusive of all requirements that may apply to a  
withholding agent for validating Forms W-8. A withholding  
agent should also reference the applicable regulations  
under chapters 3 and 4 and the instructions for each Form  
W-8 listed below.  
intermediary, foreign partnership, or U.S. branch of certain  
foreign banks and insurance companies. If several  
persons qualify as withholding agents for a single  
payment, the tax required to be withheld must only be  
withheld once. Generally, the person who pays (or causes  
to be paid) an amount subject to withholding under  
chapter 3 or a withholdable payment to the foreign person  
(or to its agent) must withhold. See the Instructions for  
Form 1042, Annual Withholding Tax Return for U.S.  
Source Income of Foreign Persons, and Form 1042-S,  
Foreign Person's U.S. Source Income Subject to  
Withholding, for return filing and information reporting  
obligations with respect to payments made to foreign  
persons.  
For effectively connected taxable income (ECTI)  
allocable to a foreign partner, the partnership (other than a  
PTP) is generally the withholding agent and must file Form  
8804, Annual Return for Partnership Withholding Tax  
(section 1446); Form 8805, Foreign Partner's Information  
Statement of Section 1446 Withholding Tax; and Form  
8813, Partnership Withholding Tax Payment Voucher  
(section 1446). For ECTI allocable to a foreign partner in a  
PTP, a nominee is generally the withholding agent and  
must file Form 1042 and 1042-S.  
On the transfer of a partnership interest (other than an  
interest in a PTP) to which withholding under section  
1446(f) applies, the transferee is the withholding agent  
and must withhold 10% of the amount realized. The  
transferee of a non-PTP interest must file Form 8288, U.S.  
Withholding Tax Return for Dispositions by Foreign  
Persons of U.S. Real Property Interests; and Form  
8288-A, Statement of Withholding on Dispositions by  
Foreign Persons of U.S. Real Property Interests. A broker  
for a transfer of an interest in a PTP to which withholding  
applies under section 1446(f) is a withholding agent for  
the amount realized on the transfer and must withhold  
10% of the amount realized and file Forms 1042 and  
1042-S.  
Form W-8BEN, Certificate of Foreign Status of  
Beneficial Owner for United States Tax Withholding and  
Reporting (Individuals).  
Form W-8BEN-E, Certificate of Status of Beneficial  
Owner for United States Tax Withholding and Reporting  
(Entities).  
Form W-8ECI, Certificate of Foreign Person's Claim  
That Income Is Effectively Connected With the Conduct of  
a Trade or Business in the United States.  
Form W-8EXP, Certificate of Foreign Government or  
Other Foreign Organization for United States Tax  
Withholding and Reporting.  
Form W-8IMY, Certificate of Foreign Intermediary,  
Foreign Flow-Through Entity, or Certain U.S. Branches for  
United States Tax Withholding and Reporting.  
For definitions of terms not defined in these  
instructions, see the Forms W-8 and their accompanying  
instructions.  
Throughout these instructions, a reference to or  
mention of “Form W-8” includes Forms W-8BEN,  
W-8BEN-E, W-8ECI, W-8EXP, and W-8IMY.  
TIP  
References to “chapter 3” in the Forms W-8 and their  
accompanying instructions were generally updated to  
exclude sections 1445 and 1446 (which those instructions  
addressed separately as applicable). Thus, references to  
“chapter 3” in these instructions similarly exclude sections  
1445 and 1446.  
These instructions reflect the regulatory changes  
described earlier and the updates to Forms W-8 and their  
instructions and certain other changes reflected on the  
most current revisions to the Form W-8 series published  
as of the date of publication of these instructions. Thus,  
different rules may apply to withholding agents with  
respect to prior revisions of Forms W-8 for which these  
regulatory changes did not yet apply, and different  
requirements may apply to future revisions of these forms.  
including the limitations on such use.  
Responsibilities of a Withholding  
Agent To Obtain Form W-8  
Chapter 3 Responsibilities  
Generally, an amount is subject to withholding for  
purposes of chapter 3 if it is an amount from sources  
within the United States that is fixed or determinable  
annual or periodical (FDAP) income. FDAP income is in  
general all income included in gross income, including  
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Inst. for the Requester of Forms W-8 (Rev. June 2022)  
interest (and original issue discount (OID)), dividends  
(including dividend equivalents), rents, royalties, and  
compensation. FDAP income does not include most gains  
from the sale of property (including market discount and  
option premiums) or items of income excluded from gross  
income without regard to the U.S. or foreign status of the  
owner of the income, such as interest under section  
103(a). Amounts subject to chapter 3 withholding do not  
include amounts that are not FDAP income as well as  
other specific items of income described in Regulations  
section 1.1441-2 (such as interest on bank deposits and  
short-term OID).  
For purposes of sections 1441 and 1442, if you are a  
withholding agent, you must withhold 30% of any payment  
of an amount subject to chapter 3 withholding made to a  
payee that is a foreign person unless you can reliably  
associate the payment with documentation (for example,  
Form W-8 or Form W-9, Request for Taxpayer  
no substantial U.S. owners). In addition, if you are a  
withholding agent and also a participating FFI, you must  
withhold to the extent required under Regulations section  
1.1471-4(b) and the FFI agreement, which, in addition to  
the requirements described in the previous sentence,  
require withholding on withholdable payments made to  
recalcitrant account holders.  
You must determine if a payment is a withholdable  
payment without regard to any exceptions from  
withholding applicable under chapter 3. For each such  
withholdable payment, you must obtain a Form W-8 (or  
other documentation permitted under Regulations section  
1.1471-3(d)) upon which you are permitted to rely under  
chapter 4 to determine the chapter 4 status of a payee  
that is a foreign person for purposes of whether  
withholding applies under chapter 4. Thus, a  
determination of whether a Form W-8 is valid for purposes  
of providing an exemption from chapter 4 withholding is a  
separate determination from whether the Form W-8 may  
be relied upon to provide an exemption from (or reduction  
in) withholding under chapter 3. For purposes of  
determining whether withholding under chapter 4 applies  
to a payment to a QI, WP, or WT, the exceptions in  
chapter 3 for QIs, WPs, and WTs will apply, provided the  
entity includes its chapter 4 status on Form W-8IMY. See  
W-8IMY, later, for the requirements for withholdable  
payments made to certain U.S. branches that act as  
intermediaries.  
Identification Number and Certification) upon which you  
can rely to treat the payment as made to (a) a payee that  
is a U.S. person, or (b) a beneficial owner that is a foreign  
person entitled to a reduced rate of, or exemption from,  
withholding. In certain circumstances, however, you may  
be allowed to associate a payment with documentary  
evidence rather than a Form W-8 for a payment made  
outside the United States with respect to an offshore  
obligation under Regulations section 1.6049-5(c)(1). A  
withholding agent must also withhold under section 1443  
on certain payments to foreign tax-exempt organizations  
that are unrelated business taxable income or subject to  
the 4% excise tax imposed by section 4948.  
Section 1446(a) and (f) Responsibilities  
Section 1446(a) requires a partnership conducting a trade  
or business in the United States to withhold tax on a  
foreign partner's allocable share of the partnership's ECTI  
at the highest tax rate applicable to that person for the  
type of income allocated (for example, ordinary income or  
capital gains) in accordance with the provisions of  
Regulations sections 1.1446-1 through 1.1446-6. For a  
partnership that is not a PTP, the partnership must  
withhold in the year the ECTI is allocable to the foreign  
partner, whether or not there is a distribution. In contrast, if  
the partnership is a PTP, the partnership withholds in the  
year in the ECTI is distributed to the foreign partner, not in  
the year the ECTI is allocable to the foreign partner.  
However, a withholding agent making a payment to a  
foreign person need not withhold under chapter 3 if the  
foreign person assumes responsibility for withholding on  
the payment as a QI (other than a QI that is acting as a  
QDD, in which case withholding is not required only for a  
payment with respect to a section 871(m) transaction that  
is not an underlying security or a dividend equivalent), or if  
the foreign person is a withholding foreign partnership  
(WP), or a withholding foreign trust (WT) that has provided  
a valid Form W-8IMY certifying to such status. A  
withholding agent is not required to withhold on dividends  
paid in 2022 to a QI acting as a QDD in its equity  
derivatives dealer capacity. The QDD's withholding  
statement should contain the information necessary for  
determining the dividends subject to withholding. See the  
Instructions for Form W-8IMY for the requirements for a  
QDD withholding statement. Withholding under chapter 3  
is also not required if the payment is made to a U.S.  
branch of a foreign insurance company or foreign bank or  
a territory financial institution that agrees to be treated as  
a U.S. person under the requirements of Regulations  
section 1.1441-1(b)(2)(iv)(A) and provides a valid Form  
W-8IMY certifying to such status.  
Section 1446(f) generally requires a transferee of a  
partnership interest (or a broker in the case of a transfer of  
a PTP interest) to withhold on the amount realized from  
the transfer by a foreign person when any portion of the  
gain from the transfer would be treated as effectively  
connected gain under section 864(c)(8).  
To avoid being subject to the default withholding rules  
under section 1446(a) or (f), a partner must provide a  
certification to the partnership or transferee, respectively.  
A U.S. person that submits a valid Form W-9 generally will  
not be subject to withholding under section 1446(a) or (f).  
Generally, a foreign person that is a partner in a  
Chapter 4 Responsibilities  
For purposes of chapter 4, if you are a withholding agent,  
you must withhold 30% of any payment that is a  
partnership that submits a Form W-8 for purposes of  
section 1441 or 1442 will satisfy the documentation  
requirements under section 1446(a) or (f) as well.  
However, in some cases the documentation requirements  
of sections 1441 and 1442 do not match the  
withholdable payment (as defined in Regulations section  
1.1473-1(a)) made to a nonparticipating FFI that is not an  
exempt beneficial owner or to a non-financial foreign  
entity (NFFE) that is not an excepted NFFE and does not  
disclose its substantial U.S. owners (or certify that it has  
documentation requirements of section 1446(a) or (f). See  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
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Regulations sections 1.1446-1 through 1.1446-6 (for  
documentation requirements under section 1446(a)) and  
Regulations sections 1.1446(f)-2 and 1.1446(f)-4 (for  
documentation requirements under section 1446(f)). For  
example, a Form W-8 provided by a partner (including a  
partner that is a partnership or trust) for section 1446(a) or  
(f) purposes must include the partner's U.S. TIN to be a  
valid form to qualify for a preferential rate of withholding  
(to the extent applicable), which you may also rely upon  
when included on a separate statement associated with  
an otherwise valid Form W-8. This statement may be  
provided by a partner that obtains a partnership interest  
after providing to you an otherwise valid Form W-8. A  
separate statement for providing a U.S. TIN must indicate  
that it relates to the applicable Form W-8. See, however,  
Regulation section 1.1441-1(e)(4)(vii) for when a U.S. TIN  
is required on a Form W-8 to be a valid form for chapter 3  
purposes. See also Regulations section 1.1446(f)-4(a)(5)  
for when you may rely on a Form W-8 or Form W-9  
furnished by a U.S. clearing organization for a member of  
the clearing organization for purposes of your requirement  
(as a broker) to withhold on the transfer of a PTP interest.  
A requirement to withhold under section 1446(f) will not  
apply if you are a broker paying an amount realized on the  
sale of a PTP interest regardless of whether you obtain a  
valid Form W-8 when the PTP publishes a qualified notice  
representing that the “10%” exception to withholding  
under section 1446(f) applies (when applicable to the  
period in which the sale is made). See Regulations  
section 1.1446(f)-4(b)(3).  
Form 8966) when the individual provides a Form W-8BEN  
and certain documentary evidence establishing foreign  
status.  
If you are an FFI documenting an account holder of an  
account that you determine is excepted as a financial  
account under Regulations section 1.1471-5(b)(2), a Form  
W-8 (or other permitted documentation for chapter 4  
purposes) is not required unless the form is associated  
with amounts subject to withholding under chapter 3. In  
such a case, a valid chapter 4 status (including that the  
account is not a financial account) is not required to be  
provided on the form.  
Requesting Form W-8  
Generally, if you are making a payment of an amount  
subject to chapter 3 withholding or a withholdable  
payment, you must withhold as required at the 30% rate  
under chapter 3 or 4 unless you can reliably associate the  
payment with a Form W-8 or other permitted  
documentation to permit withholding at a reduced rate or  
an exemption from withholding. You can reliably associate  
a payment with a Form W-8 if you hold a valid form that  
contains the information required for purposes of  
chapter 3 or 4 (as applicable), you can reliably determine  
how much of the payment relates to the form, and you  
may rely upon the form under the due diligence  
General, later.  
You should request a Form W-8 from any person to  
whom you are making a payment that you believe to be a  
foreign person. You should request the form before  
making a payment so that you have the form when you  
make the payment. See, however, Regulations sections  
1.1441-1(b)(7)(ii) and 1.1471-3(c)(7)(ii) for when you may  
be able to rely on a Form W-8 obtained after the date of a  
payment to support reduced withholding for chapter 3 or 4  
purposes.  
Other Uses of Form W-8  
Chapter 61 and section 3406. The Form W-8 you  
collect may also be used to establish a person's status for  
purposes of domestic information reporting under  
chapter 61 and backup withholding under section 3406,  
including for a payment settlement entity to determine  
whether a participating payee is a foreign person for  
purposes of section 6050W and whether a reportable  
policy sale recipient or reportable death benefits recipient  
is a foreign person for purposes of the reporting required  
under section 6050Y. In general, if you receive a Form  
W-8 that you can reliably associate with the payment and  
are permitted to rely upon (generally under the standards  
for foreign status claims for chapter 3 purposes), you are  
exempt from reporting the payment on a Form 1099 and  
withholding under section 3406.  
A withholding agent or payor that fails to obtain a valid  
Form W-8 or Form W-9 and fails to withhold as required  
under the presumption rules may be assessed tax at the  
30% rate under chapter 3 or 4 or the 24% backup  
withholding rate under section 3406 (as of the revision  
date of these instructions), as well as interest and  
penalties for lack of compliance. If you are a partnership  
that fails to withhold on ECTI allocable to a foreign partner  
as required under section 1446(a) or are a broker or  
transferee that fails to withhold as required under section  
1446(f), you will be liable for the tax required to be  
withheld. A nominee for a PTP distribution may also be  
liable for failing to withhold to the extent required on the  
distribution under Regulations section 1.1446-4. In  
addition under applicable regulations to section 1446(a) or  
(f), you may in certain cases be liable for interest,  
penalties, and additions to the tax even if there is no  
underlying tax liability due from a foreign partner on its  
allocable share of the partnership’s ECTI or from the  
transferor on the transfer of a partnership interest.  
FFI documenting account holders. If you are an FFI  
maintaining a financial account, you may be required to  
perform due diligence procedures to identify and  
document the account holder under the chapter 4  
regulations or an applicable intergovernmental agreement  
(IGA) even if you are not making a payment to the account  
holder that is subject to withholding. You may use Form  
W-8 to document the chapter 4 status of an account  
holder and to validate a claim of foreign status made by  
the account holder, such as when the account has certain  
U.S. indicia. For example, a participating FFI may treat an  
individual account holder claiming foreign status that has  
U.S. indicia (as described in Regulations section  
If you are a withholding agent making a payment of an  
amount subject to chapter 3 withholding or a withholdable  
payment and you make the payment to an intermediary,  
you must obtain documentation from such intermediary  
(including the intermediary’s chapter 4 status if the  
1.1471-4(c)(5)(iv)(B)) as a foreign person for purposes of  
the FFI’s U.S. account reporting requirements (that is,  
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Inst. for the Requester of Forms W-8 (Rev. June 2022)  
payment is a withholdable payment), as well as any  
required documentation for the beneficial owner(s) of the  
payment to the extent required under the chapter 3 or 4  
regulations.  
signature block the name of the person authorized to sign,  
a time and date stamp, and a statement that the certificate  
has been electronically signed. You may not treat a Form  
W-8 with a typed name in the signature line as validly  
signed without further information supporting that the  
signature is an electronic signature. You may also rely on  
an electronically signed withholding certificate based on  
additional information or documentation that you have no  
actual knowledge to be incorrect. See Regulations section  
1.1441-1(e)(4)(i)(B).  
Do not send Forms W-8 to the IRS. Instead, keep the  
forms in your records for as long as they may be relevant  
to the determination of your liability under section 1461  
(for amounts subject to chapter 3 withholding), section  
1474 (for withholdable payments), or Regulations section  
1.1471-4(c)(2)(iv) (for an FFI documenting account  
holders). See, however, section 1.1446(f)-2(b)(7) for the  
requirement to furnish a certification for claiming treaty  
benefits to the IRS on the transfer of an interest in a  
partnership (other than a PTP) subject to section 1446(f).  
Form W-8 provided or signed electronically. You may  
rely on a valid Form W-8 received by facsimile or scanned  
and furnished to you by email unless you know that the  
person transmitting the Form W-8 is not authorized to do  
so.  
Requesting Prior Versions of Form W-8  
If the IRS issues an updated version of a Form W-8, you  
may accept the prior version of the form until the later of 6  
full months after the revision date shown on the form or  
the end of the calendar year the updated form is issued  
(based on the revision date shown on the form), unless  
the IRS has issued guidance that affects the period for  
acceptance of the prior version (for example, if a new  
payee status is required under revised regulations that is  
not in the prior version and is relevant to the payee’s  
claim).  
You may also rely on an otherwise valid Form W-8  
received electronically from a third-party repository if the  
form was uploaded or provided to the third-party  
repository and there are processes in place to ensure that  
the withholding certificate can be reliably associated with  
a specific request from you and a specific authorization  
from the person providing the form (or an agent of the  
person providing the form) for you to receive the  
Due Diligence Requirements for  
Reliance on Forms W-8  
When you receive a completed Form W-8, you must  
review it for completeness and accuracy with respect to  
the claims made on the form, as well as any information  
attached to the form, such as withholding statements and  
beneficial owner withholding certificates associated with a  
Form W-8IMY. In general, you may rely on the information  
and certifications provided on the form unless you have  
actual knowledge or reason to know that the information is  
unreliable or incorrect. If you know or have reason to know  
that any information is unreliable or incorrect, you must  
obtain a new Form W-8 or other appropriate  
withholding certificate. Notwithstanding the preceding  
sentence, you do not need a specific authorization for  
each payment to be associated with the withholding  
certificate when you are permitted to rely on the  
withholding certificate on an obligation-by-obligation basis  
or as otherwise permitted under Regulations section  
1.1441-1(e)(4)(ix). You may also rely on a withholding  
statement received from a third-party repository if the  
intermediary provides a Form W-8IMY and withholding  
statement through the repository, provides an updated  
withholding statement to you in the event of any change in  
the information previously provided, and ensures there  
are processes in place to update you when there is a new  
withholding statement (and Forms W-8, as necessary) in  
the event of any change that would affect the validity of  
the prior forms or withholding statement. For purposes of  
this paragraph, a third-party repository is an entity that  
maintains withholding certificates but is not an agent of  
the applicable withholding agent or the person providing  
the certificate. See Regulations section 1.1441-1(e)(4)(iv)  
(E) for the complete requirements for relying on a  
documentation. You may accept a valid Form W-8 for  
chapter 3 or 61 purposes (or for backup withholding  
purposes) that does not contain a valid chapter 4 status  
with respect to payments that are not withholdable  
payments.  
Reason to know. In general, you have reason to know  
that a Form W-8 is unreliable or incorrect if:  
The form is incomplete with respect to any item that is  
relevant to the claims made;  
The form contains any information that is inconsistent  
with the claims made;  
The form lacks information necessary to establish that  
withholding certificate from a third-party repository.  
the beneficial owner is entitled to a reduced rate of  
withholding; or  
If you are a withholding agent that maintains a system  
for furnishing Forms W-8 electronically, you must satisfy  
the requirements of Regulations section 1.1441-1(e)(4)(iv)  
(B). You may otherwise accept a Form W-8 with an  
electronic signature, provided the electronic signature  
meets the requirements of Regulations section  
You have other account information that is inconsistent  
with the claims made, or you have knowledge of relevant  
facts or statements contained in the withholding certificate  
or other documentation that would cause a reasonably  
prudent person in your position to question the claims  
made. For example, if you have information in your  
records that contradicts information provided on the form,  
you may not rely on the form.  
1.1441-1(e)(4)(iv)(B)(3)(ii). The withholding certificate  
must reasonably demonstrate that the form has been  
electronically signed by the recipient identified on the form  
(or a person authorized to sign for the recipient). For  
example, a withholding agent may treat as signed for  
purposes of the requirements of a valid withholding  
certificate, a withholding certificate that has in the  
With respect to a claim for benefits under an income  
tax treaty, your reason-to-know requirement that the treaty  
claim is unreliable or incorrect includes when the  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
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beneficial owner claims benefits under a treaty that does  
not exist or is not in force. For this purpose, you may use  
check whether a treaty exists and is in force.  
b. You may treat an entity that has provided you with a  
Form W-8BEN-E as a foreign person if you do not know or  
have reason to know that the entity is a flow-through entity  
and:  
i. You have in your possession or obtain  
documentation establishing foreign status that  
substantiates that the entity is actually organized or  
created under the laws of a foreign country; or  
ii. For a payment made with respect to an offshore  
obligation (as defined in Regulations section 1.6049-5(c)  
(1)), you classify the entity as a resident of the country in  
which the account is maintained, you are required to  
report a payment made to the entity annually on a tax  
information statement that is filed with the tax authority of  
the country in which the obligation is maintained, and that  
country has an income tax treaty or tax information  
exchange agreement in effect with the United States.  
2. The form is provided with respect to an offshore  
obligation (as defined in Regulations section 1.6049-5(c)  
(1)) and the direct account holder has provided standing  
instructions directing you to pay amounts from its account  
to an address in, or an account maintained in, the United  
States, unless the account holder provides either a  
reasonable explanation in writing that supports its foreign  
status or documentary evidence establishing its foreign  
status (as described in Regulations section 1.1471-3(c)(5)  
(i)).  
Limitations on reason to know for certain entities.  
If you are a financial institution (as defined in Regulations  
section 1.1471-5(e)), insurance company, or broker or  
dealer in securities maintaining an account for a direct  
account holder that is the beneficial owner of the  
payment, and you make a payment of U.S. source FDAP  
income to the direct account holder, you have reason to  
know that a Form W-8 that is a beneficial owner  
withholding certificate (excluding Form W-8ECI) is  
unreliable or incorrect for establishing foreign status (or  
residency in a treaty country in item 4, directly below) only  
if one or more of the following circumstances exist. See  
also Regulations section 1.1441-7(b)(3)(ii) for special  
rules that apply to preexisting obligations (as defined for  
such purpose).  
1. You have classified the account holder claiming  
foreign status as a U.S. person in your account  
information, the Form W-8 has a current permanent  
residence address or a current mailing address in the  
United States, you have a current residence or current  
mailing address in the United States as part of the  
account information, the direct account holder notifies you  
of a new residence or mailing address in the United  
States, or, only to the extent described in Regulations  
section 1.1441-7(b)(5), you have a U.S. telephone  
number as the sole telephone number for the account  
holder. However:  
3. The Form W-8BEN is provided by an individual that  
is a direct account holder and is used to establish foreign  
status and you have, either on accompanying  
documentation or as part of your account information, an  
unambiguous indication of a place of birth for the  
individual in the United States, unless you have in your  
possession or obtain documentary evidence (described in  
Regulations section 1.1471-3(c)(5)(i)(B)) demonstrating  
citizenship in a country other than the United States and  
either:  
a. An individual who has provided a Form W-8BEN  
may be treated as a foreign person if:  
i. You have in your possession or obtain documentary  
evidence establishing foreign status (as described in  
Regulations section 1.1471-3(c)(5)(i)) that does not  
contain a U.S. address, and the individual provides you  
with a reasonable explanation, in writing, supporting his or  
her claim of foreign status;  
a. A copy of the individual’s Certificate of Loss of  
Nationality of the United States, or  
b. A reasonable written explanation of the account  
holder’s renunciation of U.S. citizenship or the reason the  
account holder did not obtain U.S. citizenship at birth.  
4. The Form W-8 is provided by a direct account  
holder and is used to establish residence in a treaty  
country and:  
ii. For a payment made outside the United States with  
respect to an offshore obligation (as defined in  
Regulations section 1.6049-5(c)(1)), you have in your  
possession or obtain documentary evidence establishing  
foreign status (as described in Regulations section  
1.1471-3(c)(5)(i)) that does not contain a U.S. address;  
a. The permanent residence address on the form is  
not in the treaty country or the direct account holder  
notifies you of a new permanent residence address that is  
not in the treaty country, unless the direct account holder  
provides a reasonable explanation for the permanent  
residence address outside the treaty country or you have  
in your possession, or obtain, documentary evidence  
(described in Regulations section 1.1471-3(c)(5)(i)) that  
establishes residency in the treaty country.  
b. The permanent residence address is in the treaty  
country, but the mailing address on the form is not in the  
treaty country or you have a current mailing address that  
is not in the treaty country as part of your account  
information for the direct account holder, unless:  
iii. For a payment made with respect to an offshore  
obligation (as defined in Regulations section 1.6049-5(c)  
(1)), you classify the individual as a resident of the country  
where the obligation is maintained, you are required to  
report payments made to the individual annually on a tax  
information statement that is filed with the tax authority of  
the country in which the obligation is maintained, and that  
country has an income tax treaty or information exchange  
agreement in effect with the United States; or  
iv. For a case in which you have classified the account  
holder as a U.S. person in your account information, you  
have in your possession or obtain documentary evidence  
(as described in Regulations section 1.1471-3(c)(5)(i)(B))  
demonstrating citizenship in a country other than the  
United States.  
i. You have in your possession, or obtain,  
documentary evidence (as described in Regulations  
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Inst. for the Requester of Forms W-8 (Rev. June 2022)  
 
section 1.1471-3(c)(5)(i)) supporting the claim of  
residence in the treaty country and the additional  
documentation does not contain an address outside the  
treaty country;  
ii. You have in your possession, or obtain,  
documentation that establishes that the direct account  
holder is an entity organized in a treaty country (or an  
entity managed and controlled in a treaty country, if  
required by the applicable treaty);  
iii. You know that the address outside the treaty  
country (other than a P.O. box or in-care-of address) is a  
branch of the direct account holder that is a resident of the  
treaty country; or  
iv. The direct account holder provides a written  
statement that reasonably establishes entitlement to  
treaty benefits.  
c. The direct account holder has standing instructions  
for you to pay amounts from the account to an address or  
account outside the treaty country unless the account  
holder provides a reasonable explanation, in writing,  
establishing the account holder's residence in the  
applicable treaty country or you have in your possession  
or obtain documentary evidence (described in  
Regulations section 1.1471-3(c)(5)(i)) establishing the  
account holder’s residence in the applicable treaty  
country.  
holders for different payments or for different portions of  
the same payment, you may accept the dual claims even  
though you hold different withholding certificates that  
require you to treat the entity inconsistently. Alternatively,  
you may choose to apply only the claim made by the  
entity, provided that the entity may be treated as the  
beneficial owner of the income. If, however, inconsistent  
claims are made for the same portion of a payment, you  
may either reject both claims and request consistent  
claims for that portion of the payment, or you may choose  
which reduction in rate to apply.  
Requirements for Obtaining and Verifying a  
Global Intermediary Identification Number  
(GIIN)  
If you receive a Form W-8BEN-E, W-8IMY, or W-8EXP  
from an entity payee claiming certain chapter 4 statuses,  
you must obtain and verify the entity’s GIIN against the  
published IRS FFI list. See Regulations section  
1.1471-3(e)(3). You must obtain and verify the GIIN for the  
following chapter 4 statuses.  
Participating FFIs (including reporting Model 2 FFIs).  
Registered deemed-compliant FFIs (including reporting  
Model 1 FFIs).  
Direct reporting NFFEs.  
Sponsored direct reporting NFFEs.  
Certain nonreporting IGA FFIs (as described below).  
Where required, a reasonable explanation supporting  
an individual’s claim of foreign status means a written  
statement prepared by the individual, or, in the alternative,  
a checklist provided by you and completed by the  
individual stating that the individual meets one of the  
requirements listed in Regulations section 1.1441-7(b)  
(12)(i) through (iv).  
For additional information on the standards of  
knowledge for chapter 3 purposes for relying on a claim of  
foreign status or a claim of residency in a treaty country  
and limitations on reason to know, see Regulations  
sections 1.1441-6(b)(1) and 1.1441-7(b). For additional  
information on the standards of knowledge for Forms W-8  
provided for chapter 4 purposes, see Regulations section  
1.1471-3(e).  
Hold mail instruction. An address that is provided  
subject to an instruction to hold all mail to that address is  
not a permanent residence address, such that you may  
not rely upon the Form W-8. However, the address can be  
used as a permanent residence address if the person has  
provided you with the documentary evidence required for  
this purpose, which differs depending on whether the  
Form W-8 includes a treaty claim but which need not  
include a permanent residence address. See Regulations  
section 1.1441-1(c)(38)(ii). If, after a Form W-8 is  
provided, a person’s permanent residence address is  
subsequently subject to a hold mail instruction, this is a  
change in circumstances requiring the person to provide  
the documentary evidence described in the preceding  
sentence in order to use the address as a permanent  
residence address.  
If you receive a Form W-8BEN-E or Form W-8IMY from  
a nonreporting IGA FFI that is a trustee-documented trust  
that indicates its trustee is foreign, you must obtain a GIIN  
of the trustee on the form.  
If you receive a Form W-8 from a nonreporting IGA FFI  
that checks Model 2 IGA in Part XII of Form W-8BEN-E,  
Part XIX of Form W-8IMY, or Part III, line 15, of Form  
W-8EXP (as applicable), and identifies a category of entity  
that is a registered deemed-compliant FFI under Annex II  
of an applicable Model 2 IGA, you must obtain and verify  
the GIIN of the nonreporting IGA FFI against the published  
IRS FFI list. Additionally, if you receive a Form W-8BEN-E  
or Form W-8IMY from a nonreporting IGA FFI that  
provides a citation to a section of the Regulations for its  
registered deemed-compliant status in Part XII of Form  
W-8BEN-E or Part XIX of Form W-8IMY (as applicable) or  
the FFI identifies itself as a registered deemed-complaint  
FFI in Part I, line 4, of Form W-8EXP, you must obtain and  
verify the GIIN of the nonreporting IGA FFI against the  
published IRS FFI list. See Regulations section  
1.1471-1(b)(83) for the definition of nonreporting IGA FFI  
and Regulations section 1.1471-3(d)(7)(i) for the  
documentation requirements for nonreporting IGA FFIs.  
For an entity claiming status as a certified  
deemed-compliant FFI that is a sponsored, closely held  
investment vehicle described in Regulations section  
1.1471-5(f)(2)(iii) on a Form W-8BEN-E or Form W-8IMY,  
you must obtain the GIIN for the sponsoring entity and  
verify it against the published IRS FFI list. For an entity  
claiming status as a sponsored investment entity or  
controlled foreign corporation described in Regulations  
section 1.1471-5(f)(1)(i)(F), you must obtain and verify the  
GIIN of the sponsored investment entity or controlled  
foreign corporation against the published IRS FFI list, not  
the GIIN of the sponsoring entity.  
Dual claims under a tax treaty. If you are making  
payments to a foreign entity that is simultaneously  
claiming a reduced rate of tax under a tax treaty on its own  
behalf and a separate treaty claim on behalf of its interest  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
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If you receive a Form W-8BEN-E, Form W-8IMY, or  
Form W-8EXP from an entity payee that is claiming  
chapter 4 status as a participating FFI (including a  
reporting Model 2 FFI), registered deemed-compliant FFI  
(including a reporting Model 1 FFI and a sponsored FFI  
described in the Treasury regulations under section  
1471), direct reporting NFFE, sponsored direct reporting  
NFFE, or nonreporting IGA FFI required to provide a GIIN  
(as described earlier) that contains “Applied for” in the box  
for the GIIN, the payee must provide its GIIN within 90  
days of providing the form. A Form W-8 from such a  
payee that does not include a GIIN, or includes a GIIN that  
does not appear on the published IRS FFI list, will be  
invalid for purposes of chapter 4 beginning on the date  
that is 90 days after the date the form is provided. See  
Regulations section 1.1471-3(e)(3)(iii) and (iv).  
received and the partnership does not use other means to  
determine a partner's non-foreign status (only for section  
1446(a) withholding), the amount is treated as made to a  
foreign person and, unless an exception applies,  
withholding applies as required under the regulations to  
section 1446(a) or 1446(f) (as applicable).  
When To Request a New Form W-8  
Request a new Form W-8:  
Before the expiration of the validity period of an existing  
Form W-8 (when applicable);  
If the existing form does not support a claim for a  
reduced rate of withholding or is incomplete with respect  
to any claim made on the form (such as may result, for  
example, from a new regulatory requirement relevant to  
the Form W-8); or  
If you know or have reason to know of a change in  
You may only accept a Form W-8BEN-E or Form  
W-8IMY with Part II completed if the entity shown in Part II  
is an FFI that is a branch of the entity identified in Part II,  
line 1, and the branch is receiving a withholdable  
payment, or if the entity shown in Part II is a disregarded  
entity that is identified in Part I, line 3, as receiving the  
payment. If you receive a Form W-8BEN-E or Form  
W-8IMY from a branch (other than a U.S. branch) or  
disregarded entity described in the preceding sentence  
that is receiving a payment associated with the form, you  
must verify the GIIN of the branch (unless the branch is  
treated as a nonparticipating FFI) or disregarded entity  
that is provided in Part II against the published IRS FFI list  
and not that of the entity identified in Part I, line 1. In such  
a case, you may accept the form without a GIIN on line 9a  
(for Form W-8BEN-E) or line 9 (for Form W-8IMY). If you  
receive a Form W-8BEN-E from a U.S. branch, the branch  
may provide the GIIN of any other branch of the FFI  
(including the GIIN for the FFI’s residence country). A U.S.  
branch providing a Form W-8IMY is not required to  
provide a GIIN.  
circumstances that makes any information on the current  
form unreliable or incorrect for purposes of chapter 3 or 4  
(to the extent applicable) based on the claims made on  
the form.  
Example. A foreign individual investor opens an  
account with a broker to purchase U.S. Treasury bonds  
and provides Form W-8BEN to obtain the portfolio interest  
exemption. The investor does not complete Part II of Form  
W-8BEN because he or she is not claiming treaty benefits.  
Later, the investor purchases U.S. stock and claims treaty  
benefits on dividend income. The withholding agent must  
obtain a new Form W-8BEN at that time that provides the  
information required in Part II to be able to withhold based  
on the treaty claim and not at the 30% withholding tax  
rate.  
Changes in circumstances for chapter 4 purposes.  
For chapter 4 purposes, a change in circumstances  
generally occurs when there is a change in a person’s  
chapter 4 status. You must treat a Form W-8 as invalid  
when you know or have reason to know of a change in  
circumstances that affects the correctness of the form.  
However, you may continue to treat an FFI as having the  
same chapter 4 status that it had prior to the change in  
circumstances until the earlier of 90 days from the date of  
the change or the date that new documentation is  
obtained.  
You are not considered to have reason to know of a  
change in circumstances if an FFI’s chapter 4 status  
changes solely because the jurisdiction where the FFI is  
resident, organized, or located is treated as having an IGA  
in effect or if the jurisdiction had a Model 2 IGA in effect  
and is later treated as having a Model 1 IGA in effect. If  
such change in circumstances occurs, the FFI may  
provide you with oral or written confirmation (including by  
email) of its new chapter 4 status rather than providing a  
new Form W-8, and you must retain a record of this  
confirmation.  
Presumption Rules  
If you do not receive a valid Form W-8 or Form W-9 that  
you may rely upon under the due diligence requirements,  
or cannot otherwise determine whether a payment should  
be treated as made to a U.S. or foreign person, you must  
apply the presumption rules provided in the regulations. If  
the payment is an amount subject to withholding under  
chapter 3 or 4 or a reportable payment under one of those  
sections or another relevant section under chapter 61 of  
the Code, you must apply the presumption rules provided  
in the Regulations under sections 1441, 1471, 6045, and  
6049 (as applicable). If the presumption rules are applied  
to treat a person as a foreign person, the statutory 30%  
withholding rate applies to a payment subject to  
withholding under chapter 3 and cannot be reduced (for  
example, no treaty rate). You may not rely on the  
presumption rules if you have actual knowledge that a  
higher withholding rate is applicable. If you determine that  
you are making a withholdable payment to an entity and  
cannot reliably associate the payment with a Form W-8 or  
other permitted documentation that is valid for chapter 4  
purposes, you are required to treat the entity payee as a  
nonparticipating FFI. If the payment is an amount subject  
to withholding under section 1446(a) or section 1446(f) for  
which a valid Form W-9 (or acceptable substitute) is not  
If an FFI is resident, organized, or located in a  
jurisdiction that is treated as having an IGA in effect, and  
the jurisdiction’s status on the Treasury Department’s IGA  
treaties/pages/FATCA.aspx) is later updated to indicate  
that it is no longer treated as having an IGA in effect, you  
will have reason to know of a change in circumstances  
with respect to the FFI’s chapter 4 status on the date that  
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Inst. for the Requester of Forms W-8 (Rev. June 2022)  
the jurisdiction ceases to be treated as having an IGA in  
effect. See Regulations section 1.1471-3(c)(6)(ii)(E)(3). If  
such change in circumstances occurs, the FFI may  
provide you with oral or written confirmation (including by  
email) of its new chapter 4 status rather than providing a  
new Form W-8, and you must retain a record of this  
confirmation.  
Example 2. An abbreviation of a country of residence  
on Form W-8BEN is an inconsequential error if it is an  
ambiguous abbreviation and you have documentary  
evidence supporting the beneficial owner's country of  
residence. For further information about withholding  
certificates that contain inconsequential errors, see  
Regulations section 1.1441-1(b)(7)(iv) for chapter 3  
purposes and Regulations section 1.1471-3(c)(7)(i) for  
chapter 4 purposes.  
Period of Validity  
Generally, a Form W-8 is valid from the date signed until  
the last day of the third succeeding calendar year unless a  
change in circumstances occurs that makes any  
information on the form incorrect. For example, a Form  
W-8BEN signed on September 30, 2022, generally  
remains valid through December 31, 2025. However,  
under certain conditions, a Form W-8 will be valid  
indefinitely unless there has been a change in  
Foreign TINs  
If you are a U.S. office or branch of a depository  
institution, custodial institution, investment entity, or  
specified insurance company (each as defined in  
Regulations section 1.1471-5(e)) documenting an account  
holder (as defined in Regulations section 1.1471-5(a)(3))  
of an account that is a financial account (as defined in  
Regulations section 1.1471-5(b)), you must obtain the  
account holder’s TIN for its jurisdiction of tax residence  
(FTIN) on a Form W-8 that is a beneficial owner  
withholding certificate in order for the form to be valid for a  
payment of U.S. source income reportable on Form  
1042-S (as determined before the application of this  
requirement), unless:  
circumstances. For example, a Form W-8BEN and  
documentary evidence supporting an individual’s claim of  
foreign status (other than the portion of the form making a  
claim for treaty benefits) are indefinitely valid if the form  
and documentary evidence are provided within 30 days of  
each other. A Form W-8BEN-E and documentary  
evidence supporting an entity’s claim of foreign status  
(other than the portion of the form making a claim for  
treaty benefits) that are received by a withholding agent  
before the validity period of either the form or the  
documentary evidence would otherwise expire are  
indefinitely valid. A Form W-8IMY is valid indefinitely as  
described in this paragraph, but see Notes for Validating  
Form W-8IMY, later, for the validity period for a Form  
W-8IMY provided by a QDD. For further information on  
the period of validity for a Form W-8 for chapter 3  
purposes, see Regulations section 1.1441-1(e)(4)(ii), and  
for chapter 4 purposes, see Regulations section  
1.1471-3(c)(6)(ii). The validity period for a Form W-8  
associated with an amount subject to withholding under  
section 1446(a) or an amount realized under section  
1446(f) is determined under the chapter 3 requirements  
referenced in the preceding sentence.  
The account holder is resident of a jurisdiction that is  
not listed in section 3 of Rev. Proc. 2020-15, 2020-23  
I.R.B. 905, which may be further updated in future  
published guidance;  
The account holder is resident in a jurisdiction that has  
been identified on the IRS's List of Jurisdictions That Do  
Not Issue Foreign TINs, available at IRS.gov/businesses/  
tins;  
The account holder is a government (including a  
controlled entity that is a foreign government under  
section 892), international organization, foreign central  
bank of issue, or resident of a U.S. territory; or  
You obtain a reasonable explanation for why the  
account holder has not been issued an FTIN (generally by  
the account holder checking an applicable box on the  
form).  
A reasonable explanation that an account holder does  
not have an FTIN must address why the account holder  
was not issued an FTIN only to the extent provided in the  
instructions for the applicable Form W-8. A reasonable  
explanation for not providing an FTIN includes checking  
the applicable box signaling that you are not legally  
required to obtain an FTIN from your jurisdiction of  
residence (including if the jurisdiction does not issue  
FTINs). If an account holder provides an explanation other  
than or in furtherance of the one described in the  
Instructions for the applicable Form W-8, you must  
determine whether the explanation is reasonable. In such  
a case, you may accept this further (or other) explanation  
if it is written in the line on the form for an FTIN, in the  
margins of the form, or on a separate attached statement  
associated with the form.  
Forms Received That Are Not Dated or That  
Contain Inconsequential Errors or Omissions  
If a Form W-8 is valid except that the person providing the  
form has not dated the form, you may date the form from  
the day you receive it and measure the validity period  
from that date. Generally, you may treat a withholding  
certificate as valid if it contains an error or omission that is  
inconsequential and you have sufficient documentation on  
file to supplement the missing information. However, a  
failure to establish an entity type or make a required  
certification is not inconsequential.  
Example 1. If an entity receiving a withholdable  
payment selects a certified deemed-compliant FFI status  
on line 5 of Form W-8BEN-E but does not complete the  
corresponding required certifications in Part V, the form is  
invalid for chapter 4 purposes. On the other hand, if you  
receive a Form W-8 for which the person signing the form  
does not also print a name before the signature when  
required on the form, you are not required to treat the form  
as incomplete if you have documentation or information  
supporting the identity of the person signing the form.  
You may rely on an FTIN provided on a Form W-8  
unless you know or have reason to know it is incorrect.  
You may also accept the FTIN on a separate statement as  
provided in Regulations section 1.1441-1(e)(2)(ii)(B)(1).  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
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of section 1446(a), or are a broker or transferee  
documenting a transferor paid an amount realized under  
section 1446(f); if a payee claims foreign status for  
purposes of domestic information reporting and backup  
withholding; or if you are an FFI using this form to  
document an account for purposes of chapter 4.  
Alternative Certifications Under an Applicable  
IGA  
If you are an FFI subject to a Model 1 or Model 2 IGA  
using Form W-8BEN-E or Form W-8IMY to document  
account holders pursuant to the due diligence  
requirements of Annex I of an applicable IGA, you may  
request alternative certifications from your account  
holders in accordance with the requirements of, and  
definitions applicable to, the IGA instead of the  
Notes for Validating Form W-8BEN  
Line 6a and 6b (Foreign TIN). If you do not obtain an  
FTIN on line 6a (when required) and the account holder  
has not checked line 6b, or provided a further (or other)  
explanation for why the account holder has not been  
issued an FTIN on a separate statement (see Foreign  
TINs, earlier), you must treat the form as invalid for  
payments of U.S. source income reportable on Form  
1042-S (as determined before the application of this  
requirement).  
Line 8 (Date of birth). If you are a U.S. office or branch  
of a depository institution, custodial institution, investment  
entity, or specified insurance company (each as defined in  
Regulations section 1.1471-5(e)) documenting an  
individual account holder (as defined in Regulations  
section 1.1471-5(a)(3)) of an account that is a financial  
account (as defined in Regulations section 1.1471-5(b)),  
you must obtain the individual account holder’s date of  
birth on the Form W-8BEN in order for the form to not be  
invalid for a payment of U.S. source income reportable on  
Form 1042-S (as determined before the application of this  
requirement). If the individual’s date of birth is not  
provided on the Form W-8BEN, the form is not invalid if  
you otherwise have the date of birth in your account files  
for the account holder or you obtain the date of birth on a  
written statement (including a written statement  
certifications on Form W-8BEN-E or W-8IMY. You should  
provide those certifications to account holders from whom  
you request a Form W-8BEN-E or W-8IMY, and the  
account holder should attach the completed certification  
to the Form W-8BEN-E or W-8IMY in lieu of completing a  
certification otherwise required. In such a case, you must  
provide a written statement to the account holder stating  
that you have provided the alternative certification to meet  
your due diligence requirements under an applicable IGA  
and you must associate the certification with the Form  
W-8BEN-E or W-8IMY.  
If you are a withholding agent (including an FFI), you  
may also request and rely upon an alternative certification  
from an entity account holder to establish that the account  
holder is an NFFE (rather than a financial institution)  
under an applicable IGA. An entity providing such a  
certification will still be required, however, to provide its  
chapter 4 status (that is, the type of NFFE) in Part I, line 5,  
as determined under the regulations if you are a  
withholding agent other than an FFI documenting an  
account holder under Annex I of an applicable IGA. For  
example, if you are a U.S. withholding agent that receives  
a Form W-8BEN-E or W-8IMY from an entity account  
holder certifying to its status as a passive NFFE, you may  
request a written certification that the entity is not a  
financial institution as defined under the IGA applicable to  
the entity and document it under the regulations by  
obtaining the NFFE's certification of its chapter 4 status in  
Part I, line 5. In the case of an FFI documenting an  
account holder under Annex I of an applicable IGA,  
however, a nonprofit organization treated as an active  
NFFE under the Annex may provide an FFI with an  
alternative certification that it is an NFFE that qualifies as  
a nonprofit organization under an applicable IGA. In such  
a case, the nonprofit organization will not be required to  
check a box in Part I, line 5, and the FFI may treat the  
entity as an excepted NFFE.  
transmitted by email) from the account holder and  
associate the written statement with the Form W-8BEN.  
You may rely on the date of birth provided by an account  
holder unless you know or have reason to know it is  
incorrect.  
Line 10 (Special rates and conditions). If the  
beneficial owner is required to explain the additional  
conditions in the treaty that it meets to be eligible for the  
rate of withholding on line 10, you may accept a brief  
explanation for this purpose. You may accept a treaty  
claim without this explanation under an interest or  
dividends (other than dividends subject to a preferential  
rate based on ownership) article of a treaty or other  
income article, unless such article requires additional  
representations.  
See the Instructions for Form W-8BEN for further  
information for when a beneficial owner is required to  
complete line 10. For a beneficial owner that is claiming  
treaty benefits for gain or income with respect to a PTP  
and that is subject to section 1446, the name of each PTP  
to which the claim relates must be identified. If the  
beneficial owner receives gain or income with respect to  
multiple PTPs, it may attach a separate statement to the  
form that identifies each PTP. If the beneficial owner  
provides the separate statement after it has provided the  
Form W-8BEN, it must indicate that the statement relates  
to the applicable form.  
If you receive an alternative certification under an  
applicable IGA described in the preceding paragraphs,  
you may rely on such certification unless you know or  
have reason to know the certification is incorrect.  
Rules for Specific Types of Forms  
W-8  
Form W-8BEN  
You should request Form W-8BEN from any foreign  
individual for any of the purposes described previously in  
these instructions. These purposes include if you are  
making a payment subject to chapter 3 withholding or a  
withholdable payment; if you are a partnership (or  
nominee for a PTP) documenting a partner for purposes  
-10-  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
 
A beneficial owner that is taxed on a remittance basis  
and that is claiming treaty benefits with respect to a  
payment under a treaty must state this on line 10 and  
include the amount of income that was remitted to, and is  
taxable in, the treaty country. You may generally rely on  
the claim if you are remitting the payment to the treaty  
country (or you know that another withholding agent is  
doing so) or if you maintain the account for the claimant in  
the treaty country, subject to any due diligence  
attached that includes all of the information required by  
Part II for each branch/disregarded entity and you are able  
to allocate each payment to each branch/disregarded  
entity associated with the form. See Requirements for  
Identification Number (GIIN), earlier, for when a GIIN is  
required when Part II is completed.  
Part III (Claim of Tax Treaty Benefits), line 14b. An  
entity claiming a reduced rate of withholding under an  
income tax treaty that contains a limitation on benefits  
(LOB) article must identify the LOB provision that it  
satisfies by checking one of the boxes on line 14b. In  
general, the entity is only required to check one box, even  
if it satisfies more than one provision. If the applicable  
treaty has no LOB article, the entity must check the box  
indicating no LOB article in the treaty. You may rely on the  
entity’s claim on line 14b unless you have actual  
knowledge that the claim is incorrect.  
requirements applicable to validating a claim of residency  
in a treaty jurisdiction (see Limitations on reason to know  
for certain entities, earlier). In certain cases, you may also  
be able to use the adjustment to overwithholding  
procedures in Regulations section 1.1461-2(a) to repay a  
beneficial owner that establishes remittance of the  
payment to the treaty country after you make the payment.  
Form W-8BEN-E  
You should request Form W-8BEN-E from any foreign  
entity for the purposes described previously in these  
Instructions for Form W-8BEN or if the payee is to  
establish that certain income from notional principal  
contracts is not effectively connected with the conduct of  
a U.S. trade or business (for reporting on Form 1042-S).  
See Regulations section 1.1441-4, and Notional principal  
Part III, line 15 (Special rates and conditions). If the  
beneficial owner is required to explain the additional  
conditions in the treaty that it meets to be eligible for the  
rate of withholding on line 15, you may accept a brief  
explanation. You may accept a treaty claim without this  
explanation under an interest or dividends (other than  
dividends subject to a preferential rate based on  
ownership) article of a treaty or other income article,  
unless such article requires additional representations.  
Notes for Validating Form W-8BEN-E  
See the Instructions for Form W-8BEN-E for further  
information for when a beneficial owner is required to  
complete line 15. For a beneficial owner that is claiming  
treaty benefits for gain or income with respect to a PTP  
that is subject to withholding under section 1446(a) or (f),  
the name of each PTP to which the claim relates must be  
identified. If the beneficial owner receives gain or income  
with respect to multiple PTPs, it may attach a separate  
statement to the form that identifies each PTP. If the  
beneficial owner provides the separate statement after it  
has provided the Form W-8BEN-E, it must indicate that  
the statement relates to the applicable form.  
Part X (Owner-Documented FFI), line 24. You may  
accept this certificate and treat an entity as an  
owner-documented FFI only if you are a designated  
withholding agent under the chapter 4 regulations. Also,  
an owner-documented FFI that is a nonreporting IGA FFI  
must check “Owner-Documented FFI” (and not  
“Nonreporting IGA FFI”) on line 5 and complete Part X.  
You may accept a Form W-8BEN-E from an entity  
claiming status as an Owner-Documented FFI that does  
not check box 24d in Part X regardless of whether you  
know that the entity is a trust that has one or more  
contingent beneficiaries.  
Part I, line 4 (Chapter 3 Status). If you receive a Form  
W-8BEN-E from an entity that indicates in Part I, line 4,  
that it is a disregarded entity, partnership, simple trust, or  
grantor trust, and the entity has checked “No” in Part I,  
line 4 (regarding the entity’s claim of treaty benefits), you  
should not accept the Form W-8BEN-E if the form is used  
only with respect to reportable amounts or withholdable  
payments. In such a case, you should request the entity  
complete a Form W-8IMY if the entity is a partnership,  
simple trust, or grantor trust, or have the owner of a  
disregarded entity complete the appropriate Form W-8. If  
you are an FFI documenting an entity account holder  
solely for chapter 4 purposes (that is, you are not required  
to document the payee for purposes of withholding or  
domestic information reporting), the entity does not need  
to provide a chapter 3 status on line 4 of the form. For  
purposes of section 1446, however, you may accept a  
Form W-8BEN-E from a simple trust.  
Part I, lines 9b, and 9c (Foreign TIN). If you do not  
obtain an FTIN on line 9b (when required) and the  
account holder has not checked line 9c, provided a further  
(or other) explanation for why the account holder has not  
been issued an FTIN on a separate statement (see  
Foreign TINs, earlier), you must treat the form as invalid  
for payments of U.S. source income reportable on Form  
1042-S (as determined before the application of this  
requirement).  
Form W-8ECI  
You should request Form W-8ECI from any foreign person  
or organization to which you are making a payment  
subject to withholding under chapter 3 or 4 if it is the  
beneficial owner of the income (or an entity engaged in a  
U.S. trade or business submitting the form on behalf of its  
owners, partners, or beneficiaries) and claims that the  
income is effectively connected with the conduct of a  
trade or business in the United States. However, if you are  
a partnership (or nominee for a PTP interest), you should  
Part II (Disregarded Entity or Branch Receiving Pay-  
ment). If you are making payments to multiple branches/  
disregarded entities that would be completing Part II, and  
the Part I information for each branch/disregarded entity is  
the same, instead of obtaining separate Forms W-8BEN-E  
with respect to each branch/disregarded entity, you may  
accept a single Form W-8BEN-E with a separate schedule  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
-11-  
request a Form W-8BEN or W-8BEN-E (as applicable)  
from a foreign partner that is allocated income that is ECTI  
for purposes of withholding under section 1446(a).  
Nevertheless, a foreign partner that has made an election  
under section 871(d) or section 882(d) must provide that  
election to the partnership along with a Form W-8ECI.  
An exception from section 1446(f) withholding applies  
to a foreign dealer that transfers a PTP interest if the  
foreign dealer provides Form W-8ECI and makes the  
certifications set forth on line 12 of such form. See  
Regulations section 1.1446(f)-4(b)(6). You may rely on the  
certifications made by the dealer for this purpose unless  
you have actual knowledge they are unreliable or  
incorrect.  
amount under section 871(m)). However, if the income is  
effectively connected with the conduct of a U.S. trade or  
business, it is reportable by you on Form 1042-S  
(regardless of whether the payment is U.S. source  
income). You must treat income as effectively connected  
with the conduct of a U.S. trade or business, even if a  
Form W-8ECI has not been received, if the income is paid  
to a qualified business unit of a foreign person located in  
the United States or if the income is paid to a qualified  
business unit of a foreign person located outside the  
United States and you know, or have reason to know, that  
the payment is income effectively connected with the  
conduct of a U.S. trade or business. However, a payment  
is not treated as income effectively connected with the  
conduct of a U.S. trade or business if the payee provides  
a Form W-8BEN-E representing that the payment is not  
income effectively connected with a U.S. trade or  
business or makes a representation in a master  
If you receive a Form W-8ECI without a U.S. TIN  
entered on line 7, you may not rely on Form W-8ECI to  
treat the income as effectively connected with a U.S. trade  
or business and you must apply the appropriate  
agreement that governs the transactions in notional  
principal contracts between the parties (for example, an  
International Swaps and Derivatives Association  
presumption rules or obtain another Form W-8 for the  
payee that you may rely upon. If you receive a Form  
W-8ECI without an FTIN on line 8a when required and the  
account holder has not checked line 8b, or provided a  
reasonable (or other) explanation for why the account  
holder has not been issued an FTIN on a separate  
statement when required (see Foreign TINs, earlier), you  
must treat the form as invalid for payments of U.S. source  
income reportable on Form 1042-S (as determined before  
the application of this requirement).  
agreement), or in the confirmation on the particular  
notional principal contract transaction, that the payee is a  
U.S. person or a non-U.S. branch of a foreign person.  
Payments to certain U.S. branches treated as effec-  
tively connected income. If you make a payment to a  
U.S. branch of a foreign bank or insurance company that  
does not provide a withholding certificate but has provided  
an employer identification number (EIN), the payment is  
presumed to be effectively connected with the conduct of  
a trade or business within the United States even if the  
foreign person (or its U.S. branch) does not give you a  
Form W-8ECI. If you do not obtain a Form W-8ECI or the  
U.S. branch’s EIN, the income paid cannot be treated as  
income effectively connected with a U.S. trade or  
business.  
Your receipt of Form W-8ECI serves as a  
representation by the payee or beneficial owner that the  
items of income identified on line 11 are effectively  
connected with the conduct of a trade or business within  
the United States. Therefore, if a beneficial owner  
provides you with a Form W-8ECI, you may treat all of the  
U.S. source income identified on line 11 paid to that  
beneficial owner as effectively connected with the conduct  
of a trade or business within the United States and not as  
a withholdable payment for purposes of chapter 4.  
Accordingly, a chapter 4 status is not required for a payee  
who provides a valid Form W-8ECI unless you are an FFI  
requesting a Form W-8ECI from an account holder for  
purposes of your chapter 4 due diligence requirements.  
Form W-8EXP  
You should request Form W-8EXP from any foreign  
government, international organization, foreign central  
bank of issue, foreign tax-exempt organization, foreign  
private foundation, or government of a U.S. possession to  
which you are making a payment of an amount subject to  
chapter 3 withholding if such person is claiming an  
exemption from withholding under sections 1441, 1442,  
and 1443 pursuant to section 115(2), 501(c), 892, or 895,  
or claiming a rate of withholding under section 1443(b).  
Except as provided below, you should request Form  
W-8EXP from a person claiming an exemption from  
withholding under chapter 4 as an exempt beneficial  
owner or tax-exempt organization under section 501(c) or  
that is claiming any other chapter 4 status shown on the  
form when also claiming a chapter 3 status described in  
the preceding sentence. In certain cases, a GIIN may be  
required based on the chapter 4 status claimed on the  
If you pay items of income that are not identified on  
line 11 by the beneficial owner as effectively connected  
with the conduct of a trade or business within the United  
States, you are generally required to obtain another type  
of Form W-8 from the beneficial owner.  
Generally, you may not treat an amount otherwise  
subject to withholding under chapter 3 or 4 as income  
effectively connected with the conduct of a trade or  
business within the United States unless the beneficial  
owner gives you a valid Form W-8ECI. However, there are  
exceptions (described below) for income paid on notional  
principal contracts and payments made to certain U.S.  
branches.  
Notional principal contracts reportable on Form  
1042-S. Withholding at a 30% rate is not required on  
amounts paid under the terms of a notional principal  
contract whether or not a Form W-8ECI is provided  
(except when a payment made under such contract is  
U.S. source income, such as a dividend equivalent  
If you are an FFI documenting an account holder that is  
a tax-exempt organization or exempt beneficial owner  
(each as defined for chapter 4 purposes) to which you do  
not pay amounts subject to withholding under chapter 3,  
you may require that the account holder complete Form  
-12-  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
 
W-8BEN-E (rather than Form W-8EXP) to establish its  
status for chapter 4 purposes.  
with respect to payments of U.S. source substitute  
dividends made in 2022 and may be relied upon  
regardless of whether the QSL acts as an intermediary  
with respect to substitute dividends associated with the  
form. You may accept a Form W-8IMY from an individual  
acting as an agent or intermediary (as appropriately  
amended to account for individual status), but you are not  
required to obtain such form if you are able to associate  
payments you make to the person(s) for whom the  
individual acts.  
A Form W-8EXP submitted by a foreign person that is a  
partner in a partnership for purposes of withholding under  
sections 1441 through 1443 will also establish that  
partner's foreign status for purposes of section 1446.  
However, except as provided in Regulations section  
1.1446-3(c)(3) (regarding certain tax-exempt  
organizations described in section 501(c)), the  
submission of Form W-8EXP will have no effect on  
whether the partner is subject to withholding under section  
1446(a).  
You may treat a payee as an international organization  
without requiring a Form W-8EXP if the payee is  
designated as an international organization by an  
executive order (pursuant to 22 U.S.C. 288 through  
288(f)) and other facts surrounding the payment  
reasonably indicate that the beneficial owner of the  
payment is an international organization. With regard to  
amounts derived from bankers' acceptances for chapter 3  
purposes, you may treat a payee as a foreign central bank  
of issue without requiring a Form W-8EXP if the name of  
the payee and other facts surrounding the payment  
reasonably indicate that the beneficial owner of the  
payment is a foreign central bank of issue.  
A U.S. TIN is required if the beneficial owner is claiming  
an exemption or reduced rate of withholding based solely  
on a claim of tax-exempt status under section 501(c) or  
private foundation status. However, a U.S. TIN is not  
required from a foreign private foundation that is subject to  
the 4% excise tax on gross investment income (under  
section 4948(a)) that would be exempt from withholding  
except for section 4948(a) (for example, portfolio interest).  
If you receive a Form W-8EXP without an FTIN (or a  
reasonable explanation for why the account holder has  
not been issued an FTIN) on line 8b (or on a separate  
statement) when required (see Foreign TINs, earlier), you  
must treat the form as invalid for payments of U.S. source  
income reportable on Form 1042-S (as determined before  
the application of this requirement).  
You may accept multiple Forms W-8IMY from an  
intermediary that is acting in multiple capacities (for  
example, as a QI for one account but an NQI or QDD for  
another account). However, a QI may provide you with a  
single Form W-8IMY that covers more than one category  
of QI shown on the form, provided that it properly  
identifies to you the accounts and/or transactions on a  
withholding statement. Thus, for example, a QI may  
provide a single Form W-8IMY when acting as both an  
intermediary and as a QDD with respect to payments you  
make to the QI (by checking each applicable box in Part III  
of the form). You may accept a single Form W-8IMY,  
including a withholding statement with the required  
information. For multiple branches of the entity providing  
the form if the information in Part I is the same for each  
branch and a separate schedule is attached that includes  
all of the Part II information on each branch and sufficient  
information to associate the payments with each branch  
and any other required information.  
The chapter 4 status of an intermediary or flow-through  
entity is required on Part I of the form if the form is  
associated with a withholdable payment. Part II must be  
completed when a withholdable payment is made to a  
branch or disregarded entity described in Part II of the  
form.  
Generally, for purposes of both chapters 3 and 4,  
except to the extent otherwise provided in the Regulations  
under section 1441 or 1471, a Form W-8IMY must be  
associated with a withholding statement and withholding  
certificates (or documentary evidence, where permitted)  
for the beneficial owners. Generally, the withholding  
statement must allocate the payment to each payee (or  
pool of payees, where permitted, as described later),  
provide the rate of withholding for each payee (or pool of  
payees), and provide certain identification information on  
each payee that is not included in a pool. See, however,  
Regulations section 1.1441-1(e)(3)(iv)(C)(3) for the  
allowance for a withholding agent to accept an alternative  
withholding statement from an NQI (which also applies to  
a flow-through entity) for purposes of chapter 3 or 4. Also  
see the Instructions for Form W-8IMY for information on  
the box that an NQI may check on the form when  
Form W-8IMY  
For purposes of chapter 3 and 4, you should request Form  
W-8IMY from any entity that is a QI (including a QI acting  
as a QDD), an NQI (including certain U.S. branches and  
territory financial institutions), a withholding foreign  
partnership (WP), a withholding foreign trust (WT), or a  
flow-through entity to which you make a withholdable  
payment or pay a reportable amount. A flow-through entity  
for purposes of chapters 3 and 4 includes a foreign  
partnership (other than a WP), a foreign simple or grantor  
trust (other than a WT), and, for any payments for which a  
treaty benefit is claimed, any entity to the extent it is  
treated as fiscally transparent under the laws of the treaty  
jurisdiction, as provided in section 894 and the regulations  
thereunder (without regard to whether it is fiscally  
providing an alternative withholding statement.  
If you are a participating FFI or registered  
deemed-compliant FFI, you may also request Form  
W-8IMY from an intermediary or flow-through entity that is  
an account holder to establish its chapter 4 status or  
status under an applicable IGA even when no payments  
subject to withholding or domestic information reporting  
under chapter 61 are made to the account. In such a case,  
a withholding statement is not required.  
transparent under the laws of the United States). See  
Section 1446 Requirements, later, for when an  
intermediary, partnership or trust is required to provide a  
Form W-8IMY for purposes of sections 1446(a) and (f). As  
provided in Notice 2020-2, Form W-8IMY may also be  
provided by an entity to claim chapter 3 status as a QSL  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
-13-  
the necessary information with respect to the treaty claim  
required in Part III of Form W-8BEN-E and its FTIN (when  
otherwise required) on a QDD withholding statement or  
separate statement. In such case, the portion of the  
certificate making a claim for treaty benefits is valid until  
the end of the third calendar year following the year in  
which the Form W-8IMY is signed (unless a change in  
circumstances occurs sooner), and the validation rules for  
a treaty claim apply. A QDD may instead provide a  
separate Form W-8BEN-E to make the treaty claim. You  
may otherwise treat a Form W-8IMY provided by a QDD  
(other than a flow-through entity or disregarded entity) as  
a beneficial owner withholding certificate for establishing  
foreign status of the QDD for a payment of U.S. source  
FDAP income (as long as the QDD provides its FTIN  
(when otherwise required) on a QDD withholding  
statement or a separate statement). A QDD that is  
receiving payments that it beneficially owns that are not  
covered by its QI agreement should provide the  
Notes for Validating Form W-8IMY  
In addition to the validation requirements for Forms  
W-8IMY described directly below with respect to QIs  
(including QDDs), flow-through entities, NQIs, U.S.  
branches, territory financial institutions, and QSLs  
providing the form (requirements that apply for chapters 3  
and 4 and Form 1099 reporting), see Section 1446  
Requirements, later, if you pay an amount realized or an  
amount distributed by a PTP (PTP distribution) to any of  
these entities, or are otherwise a partnership determining  
its withholding under section 1446(a).  
QIs, WPs, and WTs (in general). A QI, WP, or WT  
acting in its capacity as such must provide the EIN that  
was issued to the entity in such capacity (that is, its  
QI-EIN, WP-EIN, or WT-EIN) on Form W-8IMY and not  
any other EIN it may have in its NQI, nonwithholding  
foreign partnership, or nonwithholding foreign trust  
capacity. Because status as a QI, WP, or WT for a  
financial institution is limited to certain classes of FFIs, if  
you are making a withholdable payment to a QI, WP, or  
WT that is a financial institution, you must verify that the  
QI, WP, or WT certifies its status as one of the permitted  
classes in Regulations sections 1.1441-1(e)(5)(ii) (for a  
QI), 1.1441-5(c)(2)(ii) (for a WP), or 1.1441-5(e)(5)(v) (for  
a WT) and provides its GIIN (except in the case of certain  
foreign central banks of issue and retirement funds).  
appropriate Form W-8 based on its status (and not Form  
W-8IMY). The QDD must provide to you a withholding  
statement to identify the home office or branch that is  
treated as the owner for U.S. income tax purposes and, in  
certain circumstances (described in the Instructions for  
Form W-8IMY), the QDD’s FTIN (or a reasonable  
explanation for why it has not been issued an FTIN, if  
required). Notwithstanding the preceding sentence, a  
QDD withholding statement need not identify the branch  
or home office of the QDD if the form is provided only for  
payments beneficially owned by the QDD (and an FTIN is  
provided when required). See Foreign TINs, earlier, for  
when you must treat the form as invalid if an FTIN or  
reasonable explanation is not provided.  
If a QI checks line 15f of Part III of the form to certify  
that it assumes primary Form 1099 reporting and backup  
withholding responsibility, you may accept the form even if  
you do not know if there are any U.S. accounts receiving  
reportable payments at the time of the certification. If a QI  
does not check line 15f or 15g of Part III of the form, you  
must confirm that the QI is not receiving payments for U.S.  
accounts that are reportable on Form 1099, and the QI  
must provide an updated Form W-8IMY or must provide a  
withholding statement if it allocates payments to such  
accounts for which it does not assume primary  
QIs assuming withholding on payments of  
substitute interest. If a QI represents its status as a QI  
on a Form W-8IMY with respect to payments of interest  
and substitute interest and checks line 15e of Part III of  
the form, you may treat the QI as assuming withholding for  
payments of interest and substitute interest it receives  
from you in connection with a sale-repurchase or similar  
agreement, a securities lending transaction, or collateral  
that the QI holds in connection with its activities as a  
dealer in securities. You may accept this representation  
regardless of whether the QI represents it acts as a QDD  
(by checking line 16a in Part III). The representation on  
Line 15e does not apply to payments made to a QI when  
acting as a QDD.  
withholding responsibility. A QI may check line 15i of Part  
III of the form to indicate that it allocates a portion of the  
payment to a chapter 4 withholding rate pool of U.S.  
payees that includes account holders of another  
intermediary or flow-through entity even if the withholding  
statement does not show any intermediaries or  
flow-through entities at the time the certification is  
provided. However, a QI is not required to check line 15i  
of Part III of the form until it provides a withholding  
statement identifying an intermediary or flow-through  
entity that receives a payment allocated to a chapter 4  
withholding rate pool of U.S. payees.  
QSLs. If you make payment of a U.S. source substitute  
dividend to a QSL (prior to January 1, 2023), the QSL is  
required to provide its U.S. TIN. If you make a payment to  
a QSL (prior to January 1, 2023) that is a withholdable  
payment, you must collect a Form W-8IMY that includes  
the QSL’s chapter 4 status and GIIN (as applicable) to  
avoid withholding under chapter 4. A QSL that is a QI  
should check line 15d of Part III of the form and a QSL that  
is an NQI should check line 17d of Part IV of the form  
regardless of whether the QSL acts as an intermediary.  
You may not associate a Form W-8IMY from a QSL with a  
payment of a substitute dividend on or after January 1,  
2023, and you should obtain a revised withholding  
certificate.  
QIs acting as QDDs. You should only accept a Form  
W-8IMY from a QI acting as a QDD to the extent you are  
making payments with respect to potential section 871(m)  
transactions or underlying securities to the QDD when the  
entity claims QDD status in Part III of the form. A QDD  
must indicate its entity classification on line 16b of the  
form. If you are making such payment that is an amount  
subject to chapter 3 withholding to a QI that is acting as a  
QDD and the QDD is claiming treaty benefits applicable to  
the status identified on line 16b on the payment, you may  
treat the Form W-8IMY as a beneficial owner withholding  
certificate and provide such benefits if the QDD provides a  
statement associated to the Form W-8IMY that includes  
-14-  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
 
For information on transition rules that apply until 2023  
for withholding agents to apply with respect to QSLs, see  
An intermediary or flow-through entity that is a  
participating FFI or registered deemed-compliant FFI may  
provide a status for chapter 4 purposes found under the  
requirements of (and documentation or information that is  
publicly available that determines the chapter 4 status of  
the payee permitted under) an applicable IGA for an  
account holder, and you may rely upon such status and  
documentation, provided that you have the information  
necessary to report on Form 1042-S. Additionally, see  
for further details on alternative certifications.  
U.S. branches. If you make a payment to a U.S. branch  
of a foreign bank or insurance company that represents  
that it is acting as an intermediary and has agreed to be  
treated as a U.S. person, for chapter 3 and 4 for payments  
associated with this form (by checking line 19a in Part VI  
of this form) you are not required to obtain the GIIN or  
chapter 4 status of the entity, but you must obtain the U.S.  
branch’s EIN. If you make a withholdable payment to a  
U.S. branch of an FFI that is acting as an intermediary and  
that does not agree to be treated as a U.S. person, the  
branch must provide its EIN (but does not need to provide  
a GIIN or chapter 4 status) and certify that the branch is  
applying the rules described in Regulations section  
1.1471-4(d)(2)(iii)(C) by checking the box on line 19c in  
Part VI of the form. If you do not obtain the certification  
from a U.S. branch described in the preceding sentence,  
you must treat the branch as a nonparticipating FFI and  
withhold under chapter 4 on withholdable payments made  
to the branch. You are not required to treat as invalid a  
Form W-8IMY from an account holder that completes Part  
VI of the form (to the extent required) but does not  
complete Part II of the form.  
In general, if you make a withholdable payment to an  
intermediary or flow-through entity that is a participating  
FFI or registered deemed-compliant FFI, the FFI may  
provide an FFI withholding statement that allocates a  
portion of the payment to a chapter 4 withholding rate  
pool. If an intermediary provides with its Form W-8IMY an  
FFI withholding statement that allocates a portion of the  
payment to a chapter 4 withholding rate pool of U.S.  
payees, the FFI must provide a chapter 4 status on line 5.  
If the intermediary described in the preceding sentence is  
an NQI, it must provide the certification required in Part IV  
with respect to its compliance with the requirements of  
Regulations section 1.6049-4(c)(4) (or similar  
requirements under chapter 61 for a payment other than  
interest). If the intermediary is a QI, it must certify that it  
meets the requirements of Regulations section  
Territory financial institutions acting as intermedia-  
ries. If you make a payment to a territory financial  
institution acting as an intermediary, you must obtain the  
territory financial institution’s EIN if it agrees to be treated  
as a U.S. person for chapters 3 and 4 for payments  
associated with this form (by checking line 18b of Part V of  
the form). You are not required to obtain a GIIN from a  
territory financial institution.  
1.6049-4(c)(4)(iii) and, to the extent the U.S. payees are  
account holders of an intermediary or flow-through entity  
receiving a payment from the QI, the QI has obtained or  
will obtain documentation sufficient to establish each such  
intermediary or flow-through entity status as a  
participating FFI, registered deemed-compliant FFI, or FFI  
that is a QI. An allocation of a payment shown on a  
withholding statement and made on or after April 1, 2017,  
to an NQI, nonwithholding foreign partnership, or  
Participating FFIs and registered deemed-compliant  
FFIs that are flow-through entities or acting as inter-  
mediaries. If a participating FFI or registered  
nonwithholding foreign trust of an amount subject to  
chapter 3 withholding to a chapter 4 withholding rate pool  
of U.S. payees must identify the payees consistent with  
the description in Regulations section 1.1471-3(c)(3)(iii)  
(B)(2)(iii) (describing account holders of an FFI that is a  
non-U.S. payor that are not subject to withholding under  
chapter 3 or 4 or under section 3406, and that are holders  
of U.S. accounts reported by the FFI under its Foreign  
Account Tax Compliance Act (FATCA) requirements as a  
participating FFI or registered deemed-compliant FFI).  
deemed-compliant FFI that is an intermediary or  
flow-through entity provides you with a withholding  
statement and documentation for its account holders or  
payees, you are not required to verify the information on  
the account holders or payees provided in the  
documentation for chapter 4 purposes unless the  
information in the documentation is facially incorrect, and  
you are not required to obtain additional documentation  
for an account holder or payee in addition to the  
withholding certificate unless you are obtaining the  
documentation for purposes of chapter 3 or 61, or unless  
you know that the documentation review conducted by the  
participating FFI or registered deemed-compliant FFI was  
not adequate for purposes of chapter 4. See Regulations  
section 1.1441-7(b)(10) for the due diligence  
Section 1446 Requirements  
Section 1446(a) requirements in general. You  
should request Form W-8IMY for purposes of section  
1446(a) only from a foreign upper-tier partnership or  
foreign grantor trust or from a simple trust if you do not  
obtain a Form W-8BEN-E from the trust. You may also  
accept a Form W-8IMY from a foreign intermediary  
holding a partnership interest for a partner (including a  
partner that is an upper-tier partnership or trust) for  
determining your withholding under section 1446(a).  
Generally, for purposes of section 1446(a), the Form  
W-8IMY submitted by these entities is used to transmit the  
forms of the owners of these entities (excluding a  
partnership that is a PTP and a simple trust when a Form  
W-8IMY is provided). The other forms should be  
accompanied with the information necessary to reliably  
requirements for indirect account holders for purposes of  
chapter 3 and see Regulations section 1.1471-3(e)(4)(vi)  
(B) for standards that apply in such case to determine  
whether chapter 4 withholding applies. You may rely on  
documentation that does not include a chapter 4 status for  
an account holder of an intermediary or flow-through  
entity that is an FFI when the withholding statement  
provided by such entity indicates that the payment is  
made to an account excluded as a financial account under  
Regulations section 1.1471-5(b)(2).  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
-15-  
 
associate your effectively connected partnership items  
with the upper-tier partners, in the case of a foreign  
upper-tier partnership, and the grantor or other owner, in  
the case of a foreign grantor trust. Then you must look  
through these entities to the beneficial owners when  
determining your section 1446(a) tax obligation. A  
domestic upper-tier partnership may also provide you this  
information by attaching it to a Form W-9 with a statement  
that it is electing to apply these look through rules. Under  
those circumstances you may, but are not required to, pay  
the section 1446(a) withholding tax of the foreign partners  
of the domestic upper-tier partnership. See Regulations  
section 1.1446-5.  
purposes of withholding on an amount realized on the  
distribution (that is, you must withhold at the 10% rate on  
an amount to which section 1446(f) applies without regard  
to underlying payee information).  
You may also accept a Form W-8IMY that is associated  
with a PTP distribution from a U.S. branch that acts as  
nominee for a PTP distribution by checking line 19e. If the  
U.S. branch does not act as a nominee for the distribution  
by checking line 19f, you may rely on specific payee  
documentation provided by the U.S. branch with the form  
to the same extent described in the preceding paragraph  
with respect to an NQI to which you pay a PTP  
distribution. You must apply similar rules in the case of a  
Form W-8IMY associated with the distribution that is  
provided by a territory financial institution.  
Section 1446(a) (PTP Distributions).  
Notwithstanding the preceding paragraph, for an amount  
subject to section 1446(a) withholding on a PTP  
Although you may accept a Form W-8IMY that is  
associated from a PTP distribution from an entity that  
represents its status as a WP or WT, you may not treat the  
entity as a WP or WT except for the amount of the  
distribution subject to withholding under chapter 3 or 4.  
For a nonwithholding partnership or trust to which you pay  
a PTP distribution that checks line 21b, see Section 1446  
Requirements, earlier. See the requirements of chapters  
3, 4 and section 1446(f) for when you can rely on partner,  
owner or beneficiary information for amounts subject to  
withholding under those provisions on a PTP distribution.  
Section 1446(f) (PTP interest transfer). For  
distribution, you may accept a Form W-8IMY from a QI  
that acts as a nominee for the distribution by checking  
lines 14 and 15c. In such a case, you must treat the QI as  
assuming all withholding on the distribution (that is,  
amounts subject to chapters 3 and 4 withholding on the  
distribution in addition to amounts subject to sections  
1446(a) and (f) withholding on the distribution). You may  
accept this representation regardless of whether the QI  
assumes primary withholding for other payments subject  
to chapters 3 and 4 withholding by checking line 15a. You  
may also accept a Form W-8IMY that is associated with a  
PTP distribution from any entity that represents its status  
as a QI on line 14 but that does not check line 15c for  
purposes of your relying on chapters 3 and 4 withholding  
rate pool information provided by the QI (similar to a case  
in which a QI does not assume primary withholding for  
chapters 3 and 4 purposes except that each U.S. partner  
must be disclosed). A QI that represents its status as a QI  
on line 14 of a Form W-8IMY that is associated with a PTP  
distribution may instead, however, act as a disclosing QI  
for the distribution by not acting as a nominee and  
providing specific payee information to you with its  
withholding statement with respect to its account holders  
that are partners in the PTP (and may only provide  
chapter 4 withholding rate pool information when  
permitted under chapter 4 for a withholdable payment).  
You may not, however, rely on an allocation of a PTP  
distribution made to a chapter 4 withholding rate pool of  
U.S. payees (that is, each U.S. partner must be  
purposes of section 1446(f), you should request a Form  
W-8IMY from a partner that is a foreign partnership that  
transfers an interest in a partnership if you are either the  
transferee of the interest (for a partnership other than a  
PTP) or a broker for the partner that sells a PTP interest.  
You should request the Form W-8IMY from the foreign  
partnership regardless of whether the partnership  
provides with the form the partner information for allowing  
withholding on a modified amount realized under  
Regulations section 1.1446(f)-2(c) or 1.1446(f)-4(c). See  
the Instructions for Form W-8IMY for requirements  
regarding a withholding statement for purposes of the  
modified amount realized procedures (which requires a  
withholding statement allocating gain from the transfer).  
For a partner that is a foreign grantor trust, you should  
request a Form W-8IMY from the trust and either a Form  
W-8 or W-9 with respect to each grantor or owner of the  
trust (as the grantor/owner is the transferor). Alternatively,  
you may request the Form W-8 or W-9 directly from each  
grantor or owner. For a partner that is a foreign simple  
trust, you may request either a Form W-8IMY or  
disclosed). Regardless of whether the QI acts as a  
disclosing QI, you must determine each amount subject to  
withholding on the PTP distribution by reference to the  
qualified notice issued for the distribution (or, if you  
receive the distribution from a nominee, the nominee's  
determination) rather than relying on a determination of  
those amounts by the QI (to avoid withholding under the  
default rule in Regulations section 1.1446-4).  
W-8BEN-E from the trust; you do not need to request a  
withholding statement or underlying documentation for the  
trust beneficiaries, however, as the simple trust is the  
transferor and may not use the modified amount realized  
procedures described earlier in this paragraph.  
If you are a broker paying an amount realized from the  
sale of a PTP interest to a broker that is a foreign person,  
you should request a Form W-8IMY from the broker when  
withholding under section 1446(f) may apply (or otherwise  
obtain a Form W-9 from a U.S. broker when required). If  
the foreign broker is a QI (by checking line 14), you may  
accept a Form W-8IMY when the QI represents that it  
assumes primary withholding for the amount realized by  
checking line 15b. You may also accept a Form W-8IMY  
If the entity checks its status as an NQI in box 17a of  
Part IV, you must treat the entity as an NQI for a PTP  
distribution that is associated with the form. For  
determining your withholding on the distribution, you may  
rely on specific payee information provided by the NQI  
with respect to the partners allocated the distribution on a  
withholding statement provided with the form and  
chapter 4 withholding rate pool information to the extent  
permitted for a QI (as described directly above), but may  
not rely on that information and withholding statement for  
-16-  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
that is associated with an amount realized from the sale of  
a PTP interest from any entity that represents its status as  
a QI on line 14 that does not check line 15c for purposes  
of relying on chapter 3 withholding rate pool information  
provided by the QI (similar to a case in which a QI does  
not assume primary withholding for a PTP distribution).  
You may instead rely on specific payee information  
provided by a QI that acts as a disclosing QI for an  
amount realized (or a chapter 4 withholding rate pool  
when permitted for chapter 4). If the foreign broker is an  
NQI, you may accept a Form W-8IMY associated with an  
amount realized when the NQI checks box 17a, although  
you must determine your withholding under section  
1446(f) without regard to whether the NQI provides  
specific payee information with respect to the partners  
allocated the amount. See the Instructions for Form  
W-8IMY for when you may rely on payee information  
provided by an NQI solely for purposes of reporting on the  
payees on Form 1042-S. This same withholding  
with the Form W-8BEN-E for the hybrid entity. Line 10 of  
the Form W-8BEN-E may be used by the hybrid entity to  
associate the Forms W-8.  
A foreign reverse hybrid entity is an entity that is a  
corporation for U.S. tax purposes but is fiscally  
transparent under the tax laws of a country with which the  
United States has an income tax treaty. If a foreign  
reverse hybrid entity is receiving a payment for which the  
entity is claiming a reduced rate of withholding for its  
owners, you must obtain from the entity a Form W-8IMY  
(including its chapter 4 status if the payment is a  
withholdable payment) along with a withholding statement  
and documentation for each owner for which the entity  
claims treaty benefits. If a foreign reverse hybrid entity is  
receiving a withholdable payment and is not claiming  
treaty benefits on behalf of any of its owners, you should  
obtain only a Form W-8BEN-E from the entity to establish  
its chapter 4 status.  
requirement (and reporting allowance) applies to a broker  
that is a U.S. branch or territory financial institution that  
provides a Form W-8IMY for an amount realized from the  
sale of a PTP interest and does not act as a U.S. person  
for the amount by checking line 19d (for a U.S. branch) or  
line 18d (for a territory financial institution).  
Substitute Forms W-8 for Payments  
of Reportable Amounts and  
Withholdable Payments  
You may develop and use your own Form W-8 (a  
substitute form) for chapters 3 and 4 purposes and for  
section 1446(a) and (f) purposes if its content is  
substantially similar to the IRS's official Form W-8 (to the  
extent required by these instructions), it satisfies certain  
certification requirements, and it includes a signature  
under a penalties of perjury statement that is identical to  
the one stated on the official form. You may develop and  
use a substitute form that is in a foreign language,  
provided that you make an English translation of the form  
and its contents available to the IRS upon request. You  
may combine multiple Forms W-8 into a single substitute  
form.  
In the case of a PTP distribution, you need not  
withhold under section 1446(f) in any case  
TIP  
described in Section 1446(a) (PTP distributions)  
above (or on any other transferor) when the PTP does not  
indicate on the qualified notice for the distribution an  
amount that is in excess of its cumulative net income. See  
Regulations section 1.1446(f)-4(c)(2). See, however,  
Regulations section 1.1446-4(d)(1) for withholding  
requirements when a nominee does not receive a  
qualified notice or the notice does not specify an amount  
included in a distribution.  
Requirements for Hybrid and Reverse Hybrid  
Entities  
A hybrid entity is an entity that is treated as fiscally  
transparent under the Code but is not treated as fiscally  
transparent under the tax laws of a country with which the  
United States has an income tax treaty.  
A form that satisfies these substitute forms  
requirements may be treated as a similar agreed form for  
purposes of an applicable IGA unless the partner  
jurisdiction declines such treatment.  
A substitute form does not need to contain all of the  
provisions contained on the official form, so long as it  
contains those provisions that are relevant to the  
transaction for which it is furnished. You may omit the  
chapter 4 certifications on your substitute form if such  
certifications are not required based on the payments  
made to the payees. If you are an FFI documenting the  
chapter 4 status of your account holders under your  
chapter 4 requirements or an applicable IGA, however,  
you may not omit the chapter 4 certifications. If you are  
making a withholdable payment, you may choose to  
provide a substitute form that does not include all of the  
chapter 4 statuses provided on the Form W-8, but the  
substitute form must include any chapter 4 status for  
which withholding may apply.  
If you are making a payment to a foreign hybrid entity  
that is making a claim for treaty benefits on its own behalf,  
the hybrid entity should provide a Form W-8BEN-E to  
claim treaty benefits. If the hybrid entity is a flow-through  
entity (not a disregarded entity) claiming treaty benefits on  
its own behalf on a payment that is a withholdable  
payment, it should also provide you a Form W-8IMY  
(including its chapter 4 status) along with a withholding  
statement (if required) establishing the chapter 4 status of  
each of its partners or owners to determine whether  
withholding applies to any portion of the payment.  
Allocation information is not required on this withholding  
statement unless one or more partners or owners are  
subject to chapter 4 withholding. If the hybrid entity is a  
disregarded entity claiming treaty benefits on a payment  
that is a withholdable payment, unless the disregarded  
entity is treated as the payee for chapter 4 purposes and  
has its own GIIN, the single owner should provide a Form  
W-8BEN-E or Form W-8BEN (as applicable) to you along  
You may incorporate a substitute Form W-8 into other  
business forms you customarily use, such as account  
signature cards, provided the required certifications are  
clearly set forth. However, you may not:  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
-17-  
 
1. Use a substitute form that requires the payee, by  
signing, to agree to provisions unrelated to the required  
certifications; or  
2. Imply that a person may be subject to 30%  
withholding or backup withholding unless that person  
agrees to provisions on the substitute form that are  
unrelated to the required certifications.  
If the substitute form is incorporated into other business  
forms, the following statement must be presented in the  
same manner as the penalties of perjury statement and  
must appear immediately above the single signature line:  
“The Internal Revenue Service does not require your  
consent to any provisions of this document other than the  
certifications required to establish your status as a  
non-U.S. person, establish your chapter 4 status (if  
required), and, if applicable, obtain a reduced rate of  
withholding.”  
Substitute Form W-8ECI. The substitute Form W-8ECI  
must contain all of the information required in Part I other  
than line 9. The certifications in Part II of Form W-8ECI  
must be included in a substitute form.  
If the substitute form is incorporated into other business  
forms, the following statement must be presented in the  
same manner as the penalties of perjury statement and  
must appear immediately above the single signature line:  
“The Internal Revenue Service does not require your  
consent to any provisions of this document other than the  
certifications required to establish your status as a  
non-U.S. person and that the income for which this form is  
provided is effectively connected with the conduct of a  
trade or business within the United States.”  
Substitute Form W-8EXP. The substitute Form W-8EXP  
must contain all of the information required in Part I, lines  
1 through 5, line 7 (if a U.S. TIN is required), and line 8.  
for when you may omit a chapter 4 certification on a  
substitute Form W-8. The substitute Form W-8EXP must  
also contain all of the statements and certifications  
contained in Parts II and III, as applicable, with respect to  
the purpose for which the form is provided, but a specific  
statement or certification needs to be included (in its  
entirety) only if it is relevant to the type of entity providing  
the form. For example, if a withholding agent is  
A substitute Form W-8 is valid only if it contains the  
same penalties of perjury statement and certifications as  
the official forms and the required signature. However, if  
the substitute form is contained in some other business  
form, the words “information on this form” may be  
modified to refer to that portion of the business form  
containing the substitute form information. The design of  
the substitute form must be such that the information and  
certifications that are being attested to by the penalties of  
perjury statement clearly stand out from any other  
information contained in the form.  
Content of Substitute Form  
Substitute Form W-8BEN. The substitute Form  
W-8BEN must contain all of the information required in  
Part I, lines 1 through 8. The certifications in Part II must  
be included in a substitute form only if treaty benefits are  
claimed, and then only to the extent that the certifications  
are required. For example, Form W-8BEN, line 10  
(Special rates and conditions), is not required if the form is  
being requested from an individual receiving a payment of  
U.S. source dividends from stocks that are actively traded  
on an established securities market. The substitute Form  
W-8BEN must include a statement that if the person  
providing the form is a resident in a FATCA partner  
jurisdiction (that is, a Model 1 IGA jurisdiction with  
reciprocity), certain tax account information may be  
provided to the jurisdiction of residence.  
The substitute form must contain the penalties of  
perjury statement identical to the statement on the official  
Form W-8BEN. Additionally, if the substitute form is  
incorporated into other business forms, the following  
statement must be presented in the same manner as the  
penalties of perjury statement and must appear  
documenting a beneficial owner that is a foreign  
government for purposes of both chapters 3 and 4, the  
withholding agent may use a substitute Form W-8EXP  
that contains the required information in Part I, plus the  
required statements and certifications from Parts II and III  
that are related to foreign governments, and does not  
need to include the statements and certifications for other  
types of entities that would otherwise be providing the  
Form W-8EXP.  
immediately above the single signature line: “The Internal  
Revenue Service does not require your consent to any  
provisions of this document other than the certifications  
required to establish your status as a non-U.S. individual  
and, if applicable, obtain a reduced rate of withholding.”  
If the substitute form is incorporated into other business  
forms, the following statement must be presented in the  
same manner as the penalties of perjury statement and  
must appear immediately above the single signature line:  
“The Internal Revenue Service does not require your  
consent to any provisions of this document other than the  
certifications required to establish your status as a foreign  
government, international organization, foreign central  
bank of issue, foreign tax-exempt organization, foreign  
private foundation, or government of a U.S. possession,  
and your chapter 4 status (if required).”  
Substitute Form W-8BEN-E. The substitute Form  
W-8BEN-E must contain all of the information required in  
Part I, lines 1 through 6, and lines 8 and 9 if a U.S. or an  
FTIN or a GIIN is required. See, however, Substitute  
Withholdable Payments, earlier, for when you may omit a  
chapter 4 certification on a substitute Form W-8. The  
certifications in Part II must be included in a substitute  
form if you are making a withholdable payment to a  
disregarded entity or a branch that must be reported in  
Part II. The certifications in Part III must be included only if  
treaty benefits are claimed, and then only to the extent  
that the certifications are required. See Alternative  
circumstances in which the chapter 4 certifications may  
be replaced with alternative certifications.  
Substitute Form W-8IMY. The substitute Form W-8IMY  
must contain all of the information required in Part I, lines  
1 through 6, line 8 (if a U.S. TIN is required), and line 9 (if  
a GIIN is required). See, however, Substitute Forms W-8  
-18-  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
Payments, earlier, for when you may omit a chapter 4  
certification on a substitute Form W-8. The information  
required in Part II must be included in a substitute form if  
you are making a withholdable payment to a disregarded  
entity that has its own GIIN or a branch (including a  
branch that is a disregarded entity that does not have its  
own GIIN) operating in a jurisdiction other than the  
jurisdiction of residence of the entity named in Part I of the  
form. The substitute Form W-8IMY must also contain all of  
the statements and certifications relevant to chapter 3  
contained in Parts III through VIII if you are making a  
payment subject to withholding under chapter 3 and the  
statements and certifications relevant to the chapter 4  
status contained in Parts IX through XXVIII for the  
intermediary or flow-through entity providing the form if  
you are making a withholdable payment or if you are an  
FFI documenting your account holders for purposes of  
chapter 4 or an applicable IGA. For example, if the only  
intermediaries to which a U.S. withholding agent makes  
payments are QIs that are participating FFIs, the  
withholding agent may use a substitute Form W-8IMY that  
contains only the required information from Part I  
(including line 9 to collect the intermediaries’ GIINs), plus  
the statements and certifications from Part III. A substitute  
Form W-8IMY must also incorporate the same  
an NQI, a specific type of U.S. branch, a withholding  
foreign partnership, a withholding foreign trust, a  
nonwithholding foreign partnership, a nonwithholding  
foreign simple trust, or a nonwithholding foreign grantor  
trust; (2) your chapter 4 status; and/or (3) your status as a  
QSL (for the period such status is permitted).”  
Non-IRS Form for Individuals Not Receiving  
Reportable Amounts  
If you are an FFI documenting an account holder that is an  
individual and you are not making a payment of a  
reportable amount to such account holder, you may use a  
non-IRS form rather than a substitute Form W-8BEN. The  
form must include the name and address of the individual  
that is the payee or beneficial owner; all countries in which  
the individual is resident for tax purposes; the individual’s  
country of birth; a TIN, if any, for each country of  
residence; and the individual’s date of birth. The form may  
also request other information required for purposes of tax  
or anti-money laundering (AML) due diligence in the  
United States or in other countries. A form that satisfies  
these requirements may be treated as a similar agreed  
form for purposes of an applicable IGA unless the partner  
jurisdiction declines such treatment.  
Generally, a non-IRS form for individuals must contain  
a signed and dated certification made under penalties of  
perjury that the information provided on the form is  
accurate and will be updated by the individual within 30  
days of a change in circumstances that causes the form to  
become incorrect. However, the signed certification  
provided on a form need not be signed under penalties of  
perjury if the form is accompanied by documentary  
evidence that supports the individual’s claim of foreign  
status. Such documentary evidence may be the same  
documentary evidence that is used to support foreign  
status in the case of a payee whose account has U.S.  
indicia as described in Regulations sections 1.1471-3(e)  
and 1.1471-4(c)(4)(i)(A).  
attachments as the official form (such as a withholding  
statement and beneficial owner documentation, to the  
extent otherwise required). You may also include any  
information on a substitute Form W-8IMY, or require any  
information to be associated with the form, that is  
reasonably related to your obligation to withhold and  
correctly report payments.  
If the substitute form is incorporated into other business  
forms, the following statement must be presented in the  
same manner as the penalties of perjury statement and  
must appear immediately above the single signature line:  
“The Internal Revenue Service does not require your  
consent to any provisions of this document other than the  
certifications required to establish: (1) your status as a QI,  
Inst. for the Requester of Forms W-8 (Rev. June 2022)  
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