A valid W-8BEN-E must be provided before payment is issued by Vanderbilt.
#W 9 pdf signature series#
Therefore, all foreign vendors must provide a W-8BEN-E even if no EIN, ITIN or SSN exists, unless another W-8 series form is provided. The W-8BEN-E is used to confirm that a vendor is a foreign entity and must be provided even if the vendor is not claiming a tax treaty reduction or exemption from withholding. W-8BEN-E : The payment is exempt from US tax under a tax treaty and beneficial the owner has an EIN, ITIN or SSN.Please refer to for more detailed form instructions. For example, an international vendor who submits a W-8BEN with a valid SSN and requests tax treaty benefits, will not have to re-submit the W-8BEN as long as Vanderbilt applies tax treaty benefits to at least one payment to the vendor each calendar year (and reports on Form 1042-S).
(Calendar Year #1 is 2015 Calendar Year #2 is 2016 and Calendar Year #3 is 2017).Ī W-8BEN that does have an ITIN or SSN remains in effect until a change in circumstances makes any information on the form incorrect, provided that Vanderbilt issues at least one payment to the vendor per calendar year that is reportable on Form 1042-S. For example, a W-8BEN signed on September 1, 2014, without an ITIN or SSN remains valid through December 31, 2017. A valid W-8BEN must be provided before payment is issued by Vanderbilt.Ī W-8BEN that doesn't have an ITIN or SSN is valid for three calendar years from the date it is signed unless a change in circumstances makes any of the information on the form incorrect. Therefore, all foreign vendors must provide a W-8BEN even if no ITIN or SSN exists, unless another W-8 series form is provided. The W-8BEN is used to confirm that a vendor is a foreign person and must be provided even if the vendor is not claiming a tax treaty reduction or exemption from withholding.
Wellbeing Campus and Community Resources.
0 kommentar(er)
