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The IRS recently issued DRAFT versions of the Forms W-8IMY, W-8ECI, W-8BEN and W-8BEN-E. The DRAFT Forms W-8 incorporate a number of updates related to the rules under sections 1446(a) and 1446(f), foreign taxpayer identification numbers (FTINs), claim of tax treaty benefits, and certifications. As the level of complexity of tax validations grow, so does the need for a complete understanding of how to mitigate risk and manage compliance. Transition relief should not lead to inaction.

Join us and KPMG as we provide insight to the current updates and challenges regarding the new withholding certificates and the impact to your validation and withholding process.

Key topics include:

  • Updates on the Form W-8 changes
  • Current operational and regulatory challenges
  • Timeline and proposed rollout dates on our suite of due diligence products
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