What is a certificate of foreign status (W-8BEN) form?
A certificate of foreign status, the W-8BEN form is a document from the IRS for non-US individuals to confirm they are not US taxpayers. It helps: Establish foreign status Claim tax treaty benefits (if applicable) Reduce or avoid certain US tax withholding This form applies to individuals, not businesses. Financial institutions may ask for a W-8BEN to determine how US taxes should be applied to your account. You can find full details and instructions on the IRS website.