FAQ

FREQUENTLY ASKED QUESTIONS

FAQ: Is there any harm done in claiming “beneficial owner” tax status?

By ftsig-admin | Aug 1, 2024

QUESTION: Is there any harm done in claiming “beneficial owner” tax status by submitting the standard IRS Form W-8BEN? ANSWER:  the term “beneficial owner”, which is defined in 26 C.F.R. §1.1441-1(c)(6)(i) as: 26 C.F.R. § 1.1441-1 – Requirement for the deduction and withholding of tax on payments to foreign persons. (6) Beneficial owner— (i) General rule.  This paragraph…

FAQ: What is the difference between this website and SEDM?

By ftsig-admin | Jul 30, 2024

QUESTION: Your site has a few links to SEDM. What is the difference in approach between this website and SEDM? ANSWER:

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