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Why do shareholders have to complete a W-8/W-9 Certificate?

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Why do shareholders have to complete a W-8/W-9 Certificate?

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Each shareholder is required to complete a W-8/W-9 and provide it to the Trade Facilitator to confirm that such shareholder is a foreign person or a U.S. person (for purposes of U.S. income tax laws) and whether they are subject to certain U.S. information return reporting or backup withholding rules. Each shareholder should consult its own tax or legal advisor regarding which form to complete and how to complete the form.

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