Foreign Equivalent Of W9 In Alameda

State:
Multi-State
County:
Alameda
Control #:
US-0028BG
Format:
Word; 
Rich Text
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Description

The Foreign Corrupt Practices Act of 1977 resulted from bribery of foreign government officials by Lockheed Aircraft Company. This Act is designed to prevent the bribing of foreign officials in order to obtain foreign government contracts. Payments to foreign officials for “facilitation,” often referred to as grease payments, are not prohibited under FCPA so long as these payments are made only to get officials to do their normal jobs that they might not do, or would do slowly, without some payment. These payments can be made only to secure a permit or license; obtain paper processing; secure police protection; provide phone, water, or power supply; or similar such actions.
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FAQ

If the owner of the disregarded entity is a foreign person, the owner must complete an appropriate Form W-8 instead of a Form W-9.

8BENE. The purpose of the 8BENE formthe Certificate of Foreign Status of Beneficial Owner for United States Tax ithholding and Reportingis for foreign entities, not individual workers.

If your organisation requires our W9 form, you are in the right place. We are registered in Spain, and therefore are a non-US entity. This means that we don't have a W9 form. Instead we use the W-8BEN-E form, which is for non US-entities.

As a withholding agent, Harvard University is required by the IRS to collect the appropriate W-8 form from any foreign entity to establish the entity's foreign status. These forms are a direct result of government regulations associated with the Foreign Account Tax Compliance Act (FATCA).

For U.S. citizens living outside the U.S. you will enter your INTERNATIONAL ADDRESS on the W9. You'll need to leave the country blank so that it will save. Don't worry! These forms will not be mailed.

9 An entity or individual that is a resident in the US for tax purposes. 8BEN An individual who is not a tax resident in the US and is the beneficial owner of income. Not relevant for entities. 8BENE An entity that is not a resident within the US for tax purposes and is the beneficial owner of income.

Foreign vendors do not complete the Substitute Form W-9; foreign persons or entities must submit one of five available forms. The vendor must determine the one most appropriate to their United States tax status for reportable transactions.

If you're a Canadian and you don't have a TIN, don't worry! That's where Form W-8BEN steps in. This form is like the international cousin of Form W-9. It's designed specifically for foreign individuals to confirm that they're not U.S. citizens but are still earning income from a U.S. source.

More info

The purpose of this form is to obtain or verify the accuracy of information regarding Alameda County's payees. Foreign vendors do not complete the Substitute Form W-9; foreign persons or entities must submit one of five available forms.New line 3b has been added to this form. To sum up: one of the biggest differences between the W9 and the W8 is that W8 is for nonUS citizens or US citizens based outside of the US. Only USbased companies need to collect Forms W8 or W9. If a company is based outside of the US, there's no need to collect them.

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Foreign Equivalent Of W9 In Alameda