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!
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.
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.
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!
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.
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,.
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?
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.
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 very much for this video James, found it very helpful! One quick question, for the foreign TIN, should we be putting RC0001 after the BN for Canadian corps? or just the 9 digit BN?
Thank you for the EXCELLENT video. The only thing i found confusing was Part III #14 - Seems odd not to check "a". Doesn't that confirm that you should not have taxes withheld due to the treaty?
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.
Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on UA-cam? Get A Free one-on-one 30-minute strategic Consultation - www.jamesbakercpa.com/schedule
Hi James, thanks for the video. My company is a property investment holding company in Hong Kong. It only receives property rental income from HK and maybe a small amount of bank interest. It does not carry on any trade with the US and it does not have any US sourced income at all. All the directors / shareholders of my company are non-US residents. However, the bank account of my company is with the Hong Kong branch of a US bank. Do I need to fill in the W-8BEN-E? Would the directors / shareholders be required to fill in W-8BEN?
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.
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
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.
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.
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!
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!
THANK YOU FOR THIS 🙏🏼🙏🏼🙏🏼 Was so lost until I found this video. I feel much more confident filling out the form & sending it in now!
Thanks for the comment!
I never leave reviews but I wanted to THANK YOU SO MUCH. Got it finished and sent off in minutes 🙌🎉
Please leave reviews, they are priceless to business, more than ever, as we got thru Covid 19
Thanks so much! Straight to the point - Love from Singapore
Thank you so much James. The form is quite intimidating and you made it very simple for a Canadian Corp to fill it out. Thanks again!
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. This form is very confusing but you made it very easy.
Hi James. Thank you so much for this video. I'm from Malaysia and the instructions alone sent me spinning LOL. You have saved us a lot of time.
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.
Amazing video indeed!!!! THANKS
Thanks for the great video! Very helpful for myself, being in the UK :)
Hey there - Also in the UK. Are we entering our company UTR numbers where the Foreign TIN box is?
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!
Thanks for this James. Really unscrambled my brain :)
AMAZING ! Thanks for the support - saw this form, got freaked out - then found your channel!
Thank you so much for this. First time getting paid from a US company and I freaked out when they sent me this form to fill out.
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.
James you are great and I love the way that you are explaining the W-8BEN-E , you have save me a lot time. THANK YOU SO MUCH and GOD Bless you
Thanks for the video. We are Australian based and work with NonProfits, also with a UA-cam with videos on this topic. Hoping to do more in the US.
THANK YOU! I've been stuck on tax treaty for so long.
Thank you so much ! You've made what looked to be a grueling day much much easier !
This is so helpful, thank you for saving us a lot of confusion!
Glad it was helpful!
That just saved me a shit load of time- Total brain fade when I got this . Thanks James. Now I have to work out how that sign id works🙄
This just saved me about £300 and a lot of stress. Thank you so much!
You are a life saver! Thank you for doing this!
Thank you for this video! It really helped me. Greetings from Italy.
This made the form so easy! I was so intimidated by it at first.
Sow Clap James! Thanks for the help!
😊😊😊Thx, this was very helpful in completing such a confusing form for a foreign entity.
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 very much James - a great help! Much appreciated.
this helped massively - thank you
God bless you Sir, you've made my job very easy... respect from Pakistan
Wonderful, Great information. Thank you from Canada.
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?
Incredibly helpful. Thank you so much!
Incredibly helpful and beneficial. My thanks!
Thanks James, super intimidating form made super easy. Appreciated!
I filled my w8ben out gave it to hr , they aren’t taking fed tax but they are still withholding state ??? Why ?
for the Beneficial owner part, can't I say anything at all like nike for example?
Thank you very much! You made it really simple.
@JamesBaker How to get Foreign TIN?
Thank you. Saved the day !
This video is very helpful! Thank you so much!
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?
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.
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 very much for this video James, found it very helpful! One quick question, for the foreign TIN, should we be putting RC0001 after the BN for Canadian corps? or just the 9 digit BN?
have you got answer to this?
Thank you for the EXCELLENT video. The only thing i found confusing was Part III #14 - Seems odd not to check "a". Doesn't that confirm that you should not have taxes withheld due to the treaty?
Thank you, this was very helpful. 👏
Fantatsic video Thank you for demystifying this form.
From Paris ! thank you very much ! most helpful.
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!
really really really can't thank you enough for this video.
THANK YOU SO MUCH!!! You are a lifesaver
Great video, thank you for making it. It helped a lot!
Mate thank you! You made tvis so simple!
THANK YOU! Saved me a lot of anxiety!
This video is very helpful -- thank you!
Great video!! One quick question, we are a Canadian corp, so which # should be entered as the Foreign TIN?
Super helpful, thank you !
This was sooooo helpful!!!
Thank you sir! This made my life so much easier. ❤
What should be filled in if the entity is an Estate?
Hi i need some clarification on part 1 section 9b and 9c im in the UK selling in the USA i have a ein number what should i put in those section Thanks
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.
Thank you . Very Helpful.
Awesome. Thank you so much!!
Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on UA-cam?
Get A Free one-on-one 30-minute strategic Consultation - www.jamesbakercpa.com/schedule
How to request this form again because my form is missing because of the typhoon Kristine 😢
Thank you so much!
This is great! Could you tell what else needs to be done on the form for a Canadian Charity?
LEGEND! Thank you Mr Baker
You're a star! Thank you so much!
I'm Canadian, should I complete a W-8BEN if gambling in the U.S. instead of filing 1040-NR for withholding tax on winnings? Thank you
God bless you for your help!!!
Hi James, thanks for the video. My company is a property investment holding company in Hong Kong. It only receives property rental income from HK and maybe a small amount of bank interest. It does not carry on any trade with the US and it does not have any US sourced income at all. All the directors / shareholders of my company are non-US residents. However, the bank account of my company is with the Hong Kong branch of a US bank. Do I need to fill in the W-8BEN-E? Would the directors / shareholders be required to fill in W-8BEN?
I filed the form sent to my client and now what? Is there anything else they have to do with it?
Thank you very much. Very clear!
Do I need to fill FTIN for a Canadian corporation
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.
Did you have to get an EIN for your company?
@@andyhendershotrealestate I did but it took several tries before I filled it out correctly and it was accepted.
@@tmurrayisthanks. I needed 2 tries as well when doing my personal ITIN. Amazing how complicated this stuff is.
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
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.
If you are investing in dividend stocks then yes fill out the treaty portion
So, if you are a W2 employee, would you fill out this form if you do not want to payroll taxes taken out?
Eternal Thank You for saving me a day of chaotic panic!
I have foreign Employees working for my company remotely and independently.
Do i need their W8 BEN? and how do i add those money i pay to them?
How i can fill if im affiliate marketer
Very helpful, thank you
You rock, thank you!
thank you, you are a life saver !
Is a canadian sole proprietorship classified as a corporation in the US?
THANKS SO MUCH!
You helped me!!
Thank you so much for this
Hello James! Love it but I need help to file W-8BEN-E FOR MY Swedish client. Please help
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.
would a W - 8BEN or a W - 8BEN -E be needed to sell my late fathers US shares? (both of us UK citizens). Thanks
Is this form for foreigner who have disregarded entity in the US Thanks
Super!
is the TIN the same as business number ?
For LLC Company, how to fill this form?
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!