Nicolas Godbout, fiscaliste et planificateur financier, M. Fisc., Pl. Fin

Form W8-ben should be filed every year or not?

US taxation  —   —  Share

69

Question :

Hello Mr Godbout,

You helped me with documents to work with clients in the United States.

I am getting ready to work again with clients in the United States as a freelancer. I wanted to make sure that I only had to refill the W-8BEN form every year.

Thanks.

Louis-Martin T.

Answer:

Hello Mr. T.,

I hope you’re doing well. I remember you, it goes back a few years!

To answer your question, you must have a recent w8-ben form to provide to your U.S. payer so that they can not withhold US tax.

Without this form, the payer must withhold 30% of the amounts they pay you because you are not an American person (see definition of an American person).

If a payer asks you for the w8-ben, you must provide them with a recent version. You need to make sure that the version is the most recent and that the information is up to date.

If in doubt, you can mandate us (make an appointment here) to revise the document or prepare it for you.

All very best!

Nicolas Godbout