God bless you! I am filling one of these for the first time and was truly confused by it. Your video saved me so much unnecessary stress. Please keep making them!
James, I can't thank you enough for this video. My accountant (Canadian based) is CPA accountant and has no idea about this form. This proves how great at your job. Thanks so much for this helpful video.
Very helpful. Exactly what I needed. The form itself and the official instructions appear very complicated. Your video identifies and focuses on the very small proportion of the form that is relevant and enough for me and probably most other users.
Thank you James! You explained it in fantastic way. Great explanation with some good examples (that matched my area). It seems I would fill it properly, but it's always good to double check some things and get assurance from an expert. Have a great day!
Quick question...is this only for corporations? What if you are operating as a sole proprietor? This form is required regularly for affiliate income and it's unclear how I would fill this out in that case. Thanks in advance!
Thank you so much for this. Dealing with a US-based company that contracted work here in Australia with Australian team but paid out of US and this was getting horribly confusing. Thank you so much,.
Thank You so much James, you really saved my day with this video, quite important to me to keep your videos. Yes, when our US client sent to me the form, I got intimidated and overwhelmed.
Hello! thanks for this! I'd love to get a video on the last part please. We are Canadian company just exporting our beverage to USA, we want to make sure we are not missing anything. thank you!
Thank you, James, Your video is helpful. Could you please add English subtitles in your video? It will be easier for froeigner to understand every word.
Part I / 4 - Chapter 3 status: The word "Corporation" sounds very big. Am I a corporation if I own a small business (not an LTD or LLC) and I am to translate for and receive payments from a company in the USA?
thank you for taking the time. is FTIN legally required if I am a Canadian living in Canada and my company is Canadian and selling online services to American companies? if so how do I get a FTIN?
This was really helpful. One thing I'm a touch confused about is what if I'm a foreign business and invest in the US stock market in my corporation. Should I be filling out the tax treaty benefits section and what is the easiest way to find the info needed for a Canadian corp.
Hey James, thank you for this video, that clarified a lot, already. I was requested to fill this form to open a financial depot with my holding company to store stocks into it. I don't know if stock dividends are really a type of "paid by a U.S. company". Do I really need this form with a company depot? Maybe you have an easy answer. Thanks in advance.
Thanks for this; my eyes glazed over when I first opened the form to complete. I own an investment company and have a self controlled investment portfolio through CIBC. They want this form completed so I am able to ipurchase US dividend stocks. From the video I surmised my entity is passive (dividend income only). Further, I also believe Canada Revenue Agency allows the tax withheld on US dividends earned to be deducted from income so no need to get the withholding tax back from the US.
Hey James! Fantastic video. All very clear from start to the end. But what if you actually send a representative to the US to, say, film an event? Does the W8-BEN-e form still apply?
Hi James, how would a corporation from a non-tax treaty country complete this form? Or would they not have to? There are no US offices or agents ever performing any duties on US soil.
Thanks for the video. Does this only apply to companies doing work in the USA without traveling to the USA? If i'm traveling to USA for work on an 0-1 visa, would I need to complete a different form?
Hi James. I am from Malaysia and I would like to seek for your advice. I am from a government university in Malaysia and I would like to know which box should we fill in if we are a government body? Also, are we required to fill in the GIIN?
Hi James, I have a question. It says that Form W-8BEN-E expires after 3yrs from the year it was signed. Should we file another Form W-8BEN-E once it expires or is there a way to make the validity period indefinite for this form? Thanks!
James, one question. My company in Hong Kong used to give W8-IMY to our clients for making payments to us. Now a new client accepts only W8-BEN. Let's say we complete the W8-BEN form this time, will this be an issue? Will the IRS trouble us in any way? Thank you!
Good Morning I'm living in Jamaica and signed up a from similar to what you are speaking on but they are withholding tax for me so i want like to if they should are they should not for i don't think it is a w-8ben-e from i fill out i think it is a w-8ben i just need you to i make music so let me know if i did something wrong or it okay for them to be with holding tax for me.
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I only own a firm I do not own a company but paypal wanted me to fill this form when I changed my paypal account to business, what do I do? No US company is paying me, I'm not even related to US in any way
The federal corporation known as the United States is located in the 10 mi.² of the District of Columbia. Therefore any and every company that is on the landmass known as the United States of America is a foreign company. Therefore, if any US citizen wants to change their nationality or status to Native American to remove themselves from the uniform commerce code fraudulent system that imposes numerous sanctions they made up to do so. Any and every United States American citizen should do this in my opinion, therefore, if any citizen works for a company they should also be submitting this W8BEN form to their employer because taxes imposed upon every American citizen is a fraud and 99.9% of the world has not woken up to it just yet, but the movement is growing.