U.S.A.: FATCA: IRS publishes updated Form W-8BEN
Reference
On 13 December 2016, the U.S. Internal Revenue Service (IRS) published on their website a new version of Form W-8BEN.
The amended form includes the following updates:
- Before Part I “Identification of Beneficial Owner”, a note has been added: “If you are resident in a FATCA partner jurisdiction (that is, a Model 1 IGA jurisdiction with reciprocity), certain tax account information may be provided to your jurisdiction of residence”.
- Under Part II “Claim of Tax Treaty Benefits”, line 10 “Special rates and conditions”, the article of the treaty is now requested in addition to the paragraph.
The above information is not intended to be exhaustive.
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