The IRS has posted the final version of the instructions for Form W-8BEN-E, Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities) (Rev. June 2014).
The IRS previously released the final version of Form W-8BEN-E (PDF 263 KB). The form is intended to be completed by a non-U.S. entity who is certifying it is the non-U.S. beneficial owner of a payment of income for current withholding tax purposes (under Chapters 3 and 61) as well as to provide its FATCA status as either payee or account holder of a foreign financial institution (under Chapter 4).
The instructions for Form W-8BEN-E (PDF 226 KB) explain that Form W-8BEN-E—along with Forms W-8BEN, W-8IMY, W-8ECI, and W-8EXP—reflects the withholding and documentation requirements of Chapter 4 (also referred to as FATCA for the Foreign Account Tax Compliance Act).
The IRS has released the final version of the instructions for Form 8966, FATCA Report.
Read text of the 12-page instructions for Form 8966 (PDF 227 KB).
The IRS earlier this year released the final version of Form 8966 (PDF 81 KB) which is to be used by financial institutions and withholding agents for reporting account holder information under the FATCA reporting requirements.
For further information, please do not hesitate to contact us.
Any tax advice in this communication is not intended or written by KPMG to be used, and cannot be used, by a client or any other person or entity for the purpose of (i) avoiding penalties that may be imposed on any taxpayer or (ii) promoting, marketing, or recommending to another party any matters addressed herein.The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough