This is a multi-part message in MIME format.
---------------------- multipart/alternative attachment
David
My daughter just started working for Wal Mart and they asked and she agreed to get stock in their company now she has received a tax form from the USA
W-8BEN
I assume that this is for income from the stock
Can you tell me a few things about this form
DXXXXXXXXX
=========================================================
david ingram replies:
Go ahead and fill it out. What it does is authorize the store to deduct 15% tax (instead of 30%) on any dividends her stock earns. She will have to fill one out every three years.
She should also (in my opinion) get an ITIN (Individualk Taxpayer IdentificationNumber0. She gets this by filling in a Form W7. (Is good to give to Wal Mart for the purposes of the W8 but not required)- but will put her one notch up in the pecking order)
She can get and fill in Form W7 at: http://www.irs.gov/pub/irs-fill/fw7.pdf
For other readers, six pages of form W8 BEN instructions can be found at:
http://www.irs.gov/pub/irs-pdf/iw8ben.pdf the form itself can be found at: http://www.irs.gov/pub/irs-fill/fw8ben.pdf
.Good to hear from you.
David Ingram's US/Canada Services
US / Canada / Mexico tax and working Visa Specialists
US / Canada Real Estate Specialists
4466 Prospect Road
North Vancouver, BC, CANADA, V7N 3L7
Res (604) 980-3578 Cell (604) 657-8451
(604) 980-0321
New email to [email protected]
www.centa.com www.david-ingram.com
Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader and the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent and appropriately qualified legal practitioner or tax specialist in connection with personal or business affairs such as at www.centa.com. If you forward this message, this disclaimer must be included."
Be ALERT, the world needs more "lerts"
This from "ask an income tax and immigration expert" from www.centa.com or www.jurock.com or www.featureweb.com. Canadian David Ingram deals daily with tax returns dealing with expatriate:
multi jurisdictional cross and trans border expatriate problems for the United States, Canada, Mexico, Great Britain, the United Kingdom, Kuwait, Dubai, Saudi Arabia, Thailand, Indonesia, Japan, China, New Zealand, France, Germany, Spain, Italy, Russia, Georgia, Brazil, Peru, Ecuador, Bolivia, Scotland, Ireland, Hawaii, Florida, Montana, Morocco, Israel, Iraq, Iran, India, Pakistan, Afghanistan, Mali, Bangkok, Greenland, Iceland, Cuba, Bahamas, Bermuda, Barbados, St Vincent, Grenada,, Virgin Islands, US, UK, GB, American and Canadian and Mexican and any of the 43 states with state tax returns, etc.
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Deleware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri,i Montana, Nebraska, Nevada, New Hamshire, New Jersey, New Mexico,New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon. Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgina, West Virginai, Wisconsin, Wyoming,
---------------------- multipart/alternative attachment
An HTML attachment was scrubbed...
URL: http://www.centa.com/CEN-TAPEDE/centapede/attachments/430d2efd/attachment.htm
---------------------- multipart/alternative attachment--
