My wife has just started consulting for a US company. She had been requested to fill out a W-8IMY to send payment.
Is this form used to determine US tax withholding or is it used to forward payment to a foreign financial institution. I am struggling with how to fill out this for.
She is a Canadian Citizen and resident. And is consulting as an individual person and not within a company.
W-8IMY - Canadian consulting to a US company
Moderator: Mark T Serbinski CA CPA
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Re: W-8IMY - Canadian consulting to a US company
Hi mbajada,
It is important to clarify whether these forms are intended to determine U.S. tax withholding or to forward payments to a foreign financial institution. Understanding how to properly complete this form is important to ensure proper payment processing and tax compliance.
It is important to clarify whether these forms are intended to determine U.S. tax withholding or to forward payments to a foreign financial institution. Understanding how to properly complete this form is important to ensure proper payment processing and tax compliance.
Re: W-8IMY - Canadian consulting to a US company
W-8BEN is correct form for her to use