Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the W-8 BEN?

BEN W-8
0
Posted

What is the W-8 BEN?

0 CommentsAdd a Comment

1 Answer

0

Canadian investment dealers are required by the US Internal Revenue Service to obtain the W-8BEN from all clients when they expect to receive income from US securities. As you are trading in US securities with thinkorswim we must obtain the document from you. Furnishing such documentation will permit withholding at lower treaty rates or exempt withholding altogether for most interest payments.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.