Form W-8BEN and W-8BEN-E, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding (for individuals and business entities), is a legitimate U.S. tax exemption document. However, fraudsters typically target non-residents of the U.S. and use the W-8BEN format to acquire personal details including:
The legitimate IRS Form W-8BEN does not require any of that information.
According to the IRS website, if you receive such a scam form via email, fax, mail or other format:
If you have any questions, please contact a WithumSmith+Brown professional, a member of our International Services Group or email us at email@example.com.
|Kimberlee Phelan, CPA, MBA
Partner, Practice Leader,
International Services Group
To ensure compliance with U.S. Treasury rules, unless expressly stated otherwise, any U.S. tax advice contained in this communication is not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.