| | | Federal Compliance Memorandum — Renewal of Foreign Tax Residency Certification | | | Dear Client,
Pursuant to the U.S. Internal Revenue Service (IRS) regulatory framework, all non-U.S. individuals and organizations receiving income from U.S. sources are required to maintain an up-to-date Form W-8BEN. This document certifies your foreign tax residency and ensures that the correct treaty-based withholding rate is applied under the Internal Revenue Code.
Our compliance review shows that your certification has expired. Renewal is now mandatory. If an updated form is not received, a 30 percent withholding rate will automatically be applied to your U.S.-sourced income in accordance with IRS rules.
To complete your renewal securely, please use the link below:
Submit Updated Form
The process is secure, efficient, and conforms fully with IRS data-protection standards. Upon renewal, your certification will remain valid for a three-year period, unless your tax residency changes.
Our Compliance and Risk Management Division is available to assist should you need support.
We appreciate your prompt response and your commitment to maintaining compliance with U.S. tax law.
| | Interactive Brokers | | This communication is for information purposes only and not a solicitation to buy, sell or hold any investment product. Customers are solely responsible for their own decisions. | | | | | |
